15.17 -0.17 (-1.11%)
Pre-market: 4:20AM EST
|Bid||15.32 x 1800|
|Ask||15.33 x 1800|
|Day's range||15.31 - 15.96|
|52-week range||14.97 - 24.95|
|Beta (3Y monthly)||2.20|
|PE ratio (TTM)||6.61|
|Forward dividend & yield||N/A (N/A)|
|1y target est||25.38|
Fiat Chrysler Automobiles NV appointed an executive to oversee its North American operations as it seeks to remake itself following the death of its longtime chief executive earlier this year. Mark Stewart will serve as Fiat Chrysler’s chief operating officer for North America, stepping into the role after working most recently at Amazon as vice president of operations, according to an email that Fiat Chief Executive Michael Manley sent employees and released publicly Thursday.
Fiat Chrysler Automobiles NV plans to open a new vehicle factory in Detroit, according to people briefed on the plan, the first new U.S. assembly plant to be built by a major domestic car maker in at least a decade. The Italian-American auto maker plans to make a sport-utility vehicle at the new factory as part of its efforts to expand its iconic Jeep brand, the people said. Fiat Chrysler has said it would roll out more truck and SUV models in the U.S. as the company responds to a sharp consumer shift away from passenger cars in recent years.
Fiat Chrysler will open another assembly plant in the Detroit area, according to a person familiar with the automaker's plan.
Fiat Chrysler Automobiles plans to build Jeep sport-utility vehicles in a new plant in Detroit and has chosen a site, although the timing of the opening is uncertain, a source familiar with the plans told Reuters.The automaker plans to revive Mack Avenue Engine II, which has been idled since 2012, as an assembly line, building a new two- and three-row Jeep Grand Cherokee in spring 2021, a supplier source told Reuters.The move could add at least 100 and up to 400 jobs in the city, according t
Fiat Chrysler Automobiles is tapping executives from Amazon and Shell Oil Company with previous automotive industry experience to fill its ranks. CEO Mike Manley said in a letter to employees Thursday ...
FCA CEO Issues Employee Email on Leadership Changes Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) CEO Mike Manley today issued the following email to FCA.
Given the robust sales of crossovers, sports utility vehicles and trucks, demand for passenger cars falls. This primarily leads to the decline in light-vehicle sales.
US auto sales in the most recent month continued to reflect the market’s shift to roomier vehicles. Ford sold 19.5 per cent fewer passenger cars in the US compared to November 2017, while SUVs registered a more modest 4.9 per cent decline. Ford’s F-series trucks, its most important product segment, topped 70,000 units for the ninth straight month.
Fitch raises its rating on FCA N.V. to Investment Grade Fitch Ratings communicated today that it has raised its rating on FCA N.V.’s long-term debt to Investment Grade: from.
The Zacks Analyst Blog Highlights: General Motors, Ford Motor, Tesla, Honda Motor and Fiat Chrysler Automobiles
Fiat Chrysler Automobiles said Thursday that its plants in Italy would return to full employment with a 5 billion-euro ($5.7 billion) investment in new cars and engine technology, including a fully electric version of the 500 city car and a plug-in hybrid Alfa Romeo compact utility vehicle. In a plan that contrasts with General Motor's announcement this week of deep cuts in North America, Fiat Chrysler CEO Mike Manley said the company would launch 13 all-new or restyled models from 2019 to 2021, while also developing hybrid and fully electric engine technology.
LOS ANGELES—Fiat Chrysler Automobiles NV is doubling down on its two strongest product lines—SUVs and trucks—with a new Jeep-branded pickup that targets a resurgent U.S. midsize-truck market it abandoned seven years ago. The new Gladiator pickup, unveiled Wednesday in Los Angeles, is a mashup of the auto maker’s popular Jeep Wrangler sport-utility vehicle and a midsize truck. Fiat Chrysler said sales will begin early next year, but it didn’t disclose the price or how many it expects to sell annually.
President Donald Trump railed against General Motors (GM) over the company’s plans to cut production at some U.S. facilities and threatened to slash subsidies including the federal tax credit for GM’s electric vehicles. “Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland,” Trump said in a Twitter post.
Given the problems faced by automakers due to trade face-offs, waning vehicle sales in China and stringent regulations, Fiat Chrysler (FCAU) focuses on the reorientation of its business.
Manufacturers are having to pump investment into new technologies such as electric and self-driving vehicles, against a backdrop of rising costs and falling demand for passenger cars. “This makes us more resilient to the cycle,” GM chief financial officer Dhivya Suryadevara told investors. The US and China — the automotive world’s two largest markets and GM’s only two meaningful sources of profit — are both under strain.
Two former Fiat Chrysler executives and a union official have been sentenced to prison in a corruption scandal at a labor training center. Jerome Durden, who controlled the finances at the UAW-Chrysler National Training Center, was sentenced Wednesday to 15 months in prison. Michael Brown, who helped run the center, was sentenced to a year in prison.
The automaker is in danger of falling into fourth place in the domestic market, but it's all in the name of improving profitability.
NEW YORK, Nov. 02, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.