Fiat Chrysler Automobiles NV (FCAU) - NYSE
  • Today, 1:20 PM
    • U.S. auto sales are expected to show a decline in May. Major factors contributing to the drop will be the two fewer selling days in the month and GM"s decision to cut back on rental sales. Kelley Blue Book predicts a 6.2% drop, while TrueCar estimates a 4.0% tail-off.
    • Nissan and Subaru are the only automakers seen by KBB showing a gain during the month with new model introductions in play.
    • Kelley Blue Book April U.S. auto sales forecast: General Motors (NYSE:GM) -12.0% to 258K, Ford (NYSE:F) -6.8% to 233K, Toyota (NYSE:TM) -8.1% to 223K, Fiat Chrysler (NYSE:FCAU) -2.1% to 198K, Honda (NYSE:HMC) -1.0% to 153K, Nissan (OTCPK:NSANY) +0.2% to 135K, Hyundai/Kia (OTC:HYMLF) -8.8% to 155K, Subaru (OTCPK:FUJHY) +0.9% to 50K, Volkswagen -13.8% to 49.5K.
    | Today, 1:20 PM | 11 Comments
  • Tue, May 24, 8:22 AM
    • Fiat Chrysler (NYSE:FCAU) announces that Reid Bigland will take over as the boss of the Maserati and Alfa Romeo brands. Bigland replaces Harald Wester who will still be part of Fiat's executive council.
    • Global growth has stalled for Maserati and Alfa Romeo after aggressive targets were set by the company.
    • Fiat Chrysler press release (.pdf)
    | Tue, May 24, 8:22 AM
  • Mon, May 23, 9:58 AM
    • Shares of Fiat Chrysler (NYSE:FCAU) are down 4.8% in the U.S. after falling by a similar level in Europe.
    • All eyes are on the findings from the Federal Motor Transport Authority in Germany to see if the agency's report that the company cheated with emissions testing alters the view with regulators from Italy and the EU.
    • European automakers Ferrari (RACE -1.3%), BMW (OTCPK:BAMXY -1.6%), and Daimer (OTCPK:DDAIF -2.1%) are on watch amid the crumbling in confidence in the sector.
    • Previously: Fiat Chrysler suspected of emissions cheating (May 23)
    | Mon, May 23, 9:58 AM | 3 Comments
  • Mon, May 23, 3:51 AM
    • Shares in Fiat Chrysler (NYSE:FCAU) have been temporarily suspended after falling 5% in Amsterdam on a report from Bild Am Sonntag that claimed the automaker used illegal software to cheat emissions tests.
    • The paper said that a Fiat model's emission control system shut down after 22 minutes during testing - two minutes later than the end of a standard test- causing nitrogen oxide to be released "at more than 10x the permitted level."
    | Mon, May 23, 3:51 AM | 8 Comments
  • Fri, May 20, 3:33 AM
    • Fiat Chrysler (NYSE:FCAU) has come under fire from German Transport Minister Alexander Dobrindt for not showing up at a meeting to discuss emissions irregularities of its diesel vehicles.
    • The carmaker reportedly cancelled its attendance last minute, with Dobrindt describing the actions as "totally incomprehensible."
    • Separately, Google said it doesn't have current plans to expand its self-driving partnership with Fiat, stating it was "talking to a lot of different automakers."
    | Fri, May 20, 3:33 AM | 3 Comments
  • Thu, May 19, 6:56 PM
    • Google's (GOOG -0.9%, GOOGL -0.9%) CEO of autonomous cars says there's no plans to expand a partnership with Fiat Chrysler (FCAU -3.3%) on building such a car for market.
    • "This is just FCA and Google building 100 cars together," John Krafcik said at an energy conference in Washington.
    • The two companies described a partnership early this month where the two would build 100 Pacific minivans, but each firm said the deal wasn't exclusive and that they could seek out other partners.
    • Those vehicles weren't designed for sale, and Google said it wasn't sharing proprietary info with Fiat Chrysler, but FCA CEO Sergio Marchionne had suggested the deal could evolve into something stronger.
    • There's no timetable for marketing the cars, Krafcik says, but: "We have a responsibility to get this out there as soon as we can and really as soon as we have data that says we're better than the current system of flawed human drivers ... As soon as we're better, we should push the button and go."
    • Now read Google's Payoff: After A Decade Of Research, Search Turns Into AI »
    | Thu, May 19, 6:56 PM | 18 Comments
  • Tue, May 17, 7:43 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) car registrations +13.6% to 89,590 units in April, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +9.1% Y/Y to 1,273,733 units in April, driven higher by double-digit growth in Italy and Spain. Registrations were up 8% in Germany and 7% in France.
    • Fiat market share: 6.8% vs. 6.5% a year ago.
    • Fiat YTD registrations +15.6%.
    • Results include the Fiat, Jeep, Lancia, Chrysler, and Alfa Romeo brands.
    • EAMA release (.pdf)
    | Tue, May 17, 7:43 AM | 2 Comments
  • Mon, May 16, 2:03 PM
    • Colorado enacted a major tax credit for electric vehicle purchases with the passing of HB 1332.
    • The legislation gives buyers of an EV in Colorado a $5,000 tax credit which can be immediately realized at purchase through a dealer incentive.
    • The same buyer is still eligible for the $7,500 federal tax credit for the EV purchase.
    • The Southwest Energy Efficient Project calls the Colorado EV incentive the best in the nation.
    • 2016 YTD U.S. EV sales (via Tesla Model S 7,190 units (estimated); Chevrolet Volt 5,970; Ford Fusion Energi 4,082; Nissan Leaf 3,718; Tesla Model X 3,250 (estimated), Ford C-max Energi 2,057; BMW i3 1,576; BMW X5 xDrive40e 1,494; Fiat 500e (estimated) 1,335; Audi A3 Sportbk e-tron 1,233; Chevrolet Spark 1,026; Volkswagen e-Golf 938.
    | Mon, May 16, 2:03 PM | 166 Comments
  • Fri, May 13, 10:26 AM
    • Regulators in Germany plan to meet with execs from Fiat Chrysler Automobiles (NYSE:FCAU) and Opel (NYSE:GM) to discuss the results of some recent emissions testing.
    • The two automakers were singled out in a report by an environmental activist group for showing emissions levels far above the allowed amount for diesel models.
    • The issue of emissions testing is extremely sensitive in Germany after Volkswagen was found to be used cheating devices for certain models.
    | Fri, May 13, 10:26 AM | 1 Comment
  • Tue, May 3, 4:35 PM
    • Fiat Chrysler Automobiles (NYSE:FCAU) and Alphabet's (GOOG, GOOGL) Google plan to build 100 Pacific minivans together as part of a partnership between the two companies.
    • Google will take deliver of 100 slightly-tweaked 2017 Pacificas to make the necessary autonomous driving installations.
    • John Krafcik, an automobile industry heavyweight now at Google, says partnerships with other manufacturers are still part of the tech company's future strategy.
    • Previously: Google and Fiat Chrysler talk car project (April 28)
    | Tue, May 3, 4:35 PM | 30 Comments
  • Tue, May 3, 9:09 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) recorded its best April in the U.S. in 11 years off of more strength in the SUV and pickup categories. The 6% gain in sales come off of a strong results last year.
    • Brand sales growth: Fiat -24% to 3,422; Chrysler -18% to 22,843; Jeep +17% to 84,298; Dodge -3% to 43,575; Ram +12% to 45,810; Alfa Romeo 60.
    • Model standouts: Compass +128% to 9,421 units; Renegade +131% to 9,730 units; Ram P/U +8% to 41,079; ProMaster Van +61% to 2,835; Durango +17% to 6,434 units; Dodge Caravan +116% to 13,203 units.
    • The automaker says it ended the month with 84 days supply of inventory vs. 82 days in March.
    • Previously: Fiat Chrysler Automobiles April U.S. sales: +6%
    | Tue, May 3, 9:09 AM
  • Tue, May 3, 9:02 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) unit sales +6% to 199,631 to match the Kelley Blue Book estimate.
    • Car sales fell -8% Y/Y to 57,130 units.
    • Truck sales rose +12% to 45,810 units.
    • YTD Fiat U.S. sales +8% to 750,734 units.
    | Tue, May 3, 9:02 AM
  • Thu, Apr. 28, 9:22 PM
    • The French government ordered eight automobile manufacturers to develop plans to cut emission levels for models that failed testing.
    • Environment Minister Ségolène Royal named Renault (OTC:RNSDF), Fiat Chrysler Automobiles (NYSE:FCAU), Mercedes-Benz (OTCPK:DDAIF), Volkswagen (OTCPK:VLKAY), PSA Peugeot Citroen (OTCPK:PEUGF), Nissan (OTCPK:NSANY), Opel (NYSE:GM), and Ford (NYSE:F) as the automakers in the spotlight.
    • Royal warned that manufacturer sales could be suspended if the emissions improvements aren't adequate.
    | Thu, Apr. 28, 9:22 PM | 22 Comments
  • Thu, Apr. 28, 12:30 PM
    • Fiat Chrysler Automobiles (NYSE:FCAU) is in advanced discussions with Google (GOOG, GOOGL) over a car project, according to CNBC which cites a Dow Jones report.
    • It's no surprise that Fiat is looking to partner up with all its talk about industry consolidation, while Google has been at the forefront of the self-driving car technology push.
    • Shares of Fiat Chrysler are up 2.63% on the day. Google parent Alphabet is down 0.5%.
    | Thu, Apr. 28, 12:30 PM | 7 Comments
  • Tue, Apr. 26, 7:10 AM
    • Fiat Chrysler (NYSE:FCAU): Q1 EPS of €0.338.
    • Revenue of €26.57B (+2.8% Y/Y) misses by €620M.
    • Shares -2.14% PM.
    • Press Release
    | Tue, Apr. 26, 7:10 AM | 2 Comments
  • Mon, Apr. 25, 5:30 PM
    | Mon, Apr. 25, 5:30 PM | 14 Comments
Company Description
Fiat Chrysler Automobiles NV engages in the design, engineering, manufacturing, distribution and sale of automobiles and light commercial vehicles, engines, transmission systems, automotive-related components, metallurgical products and production systems. The company's activities are carried... More
Industry: Auto Manufacturers - Major
Country: Netherlands