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Stock Market & Financial Investment News

News Breaks
August 21, 2014
13:44 EDTFIATYChrysler recalls Cherokees, Rams due to rear shock defect
Chrysler, a unit of Fiat, is recalling certain model year 2014 Jeep Cherokee and Ram 1500 and 2015 Chrysler 200 vehicles. Due to an insufficient weld, the rear shocks may detach from the vehicle at one end and possibly damage other chassis components, the tire or result in reduced braking. Damage to the tire or reduced braking increases the risk of a vehicle crash. Chrysler will notify owners, and dealers will inspect the rear shocks and replace any affected ones, free of charge. The recall is expected to begin in August. Reference Link
News For FIATY From The Last 14 Days
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December 15, 2014
13:16 EDTFIATYUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).Reference Link
06:55 EDTFIATYTakata tightening restrictions on suppliers, Reuters reports
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December 3, 2014
06:32 EDTFIATYTakata shows no sign of complying with U.S. deadline, NY Times says
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