Seeking Alpha

Strong Q2 results for Chrysler Group

  • Chrysler Group (OTCPK:FIATY) reports revenue increased 14% Y/Y to $20.5B in Q2.
  • Net income rose 22% to $619M.
  • Global shipments up 10% to 770K.
  • Chrysler picked up 70 bps of market share in the U.S. to 12.1% and added 20 bps in Canada to 15.3%.
  • The automaker ended the quarter with $1B in free cash flow.

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Comments (3)
  • Robert.from.Ct
    , contributor
    Comments (657) | Send Message
     
    Symbol is FIATY

     

    BUY----UNDERVALUED

     

    Will be listed on US exchanges in the fall 2014
    6 Aug 2014, 12:03 PM Reply Like
  • sallyzheng
    , contributor
    Comment (1) | Send Message
     
    how would the US list impact the current ADR holders?
    6 Aug 2014, 01:52 PM Reply Like
  • cautionsvestor
    , contributor
    Comments (26) | Send Message
     
    From what i read in the past, the shares would be changed to FCA and each FIATY share would be replaced with the new one
    6 Aug 2014, 02:59 PM Reply Like
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