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July 3, 2014
06:44 EDTFIATYNHTSA says Chrysler too slow to amend older Jeep issue, Reuters says
The National Highway Traffic Safety Administration is demanding an explanation for what they say is Chrysler's slow pace in making repairs to protect rear fuel tanks in older model Jeep SUVs even though the regulators have accepted the car manufacturer's remedy in regards to lower-speed crashes, according to Reuters, citing a statement from the NHTSA. The regulator said that Chrysler's current speed would take it nearly five years to amend all the Jeep Grand Cherokee and Jeep Liberty SUVs affected by the recall announced last year. Chrysler is a unit of Fiat (FIATY). Reference Link
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February 18, 2015
06:38 EDTFIATYCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link

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