News that Fiat completed its acquisition of Chrysler's assets lifted shares of auto parts suppliers Lear Corp. (NYSE: LEA) and American Axle & Manufacturing Holdings Inc. (NYSE: AXL). Shares of Lear soared 47 cents to close at $2.06 while American Axle stock surged 92 cents to close at $4.50.
Auto Parts Suppliers Climb As Fiat Completes Chrysler Acquisition
June 10, 2009 at 17:22 PM EDT