Conte wishes Biden well, great day for democracy
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Milan
14 Gennaio 2016
Milan, January 14 - The share price of Fiat Chrysler Automobiles (FCA) was down by 9.83% at 6.70 euros on the Milan stock exchange on Thursday after trading resumed followed three suspensions. The stock has been hit by data on car sales in Russia, which were down 46% in 2015, and on a report that two Chicago car dealerships have filed suits alleging the carmaker inflated its United States sales figures. The Automotive News website said the dealerships accused the company of offering money to report unsold vehicles as sold. The American-Italian giant has not commented on the report. The fall in the share price contributed to the Milan bourse's FTSE Mib index being down 2% at the middle of Thursday's trading. Exor, the holding company through which the Agnelli family controls FCA and other companies, was 6% down and FCA-controlled Ferrari was over 3% down.
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