Fiat Chrysler Automobiles NV (FCAU) - NYSE
  • Jun. 16, 2015, 7:53 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) car registrations +9.0% to 78,387 units in May, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +1.3% Y/Y to 1,109,893 units in May with demand strong in Poland, Czech Republic, Italy, and Spain.
    • Fiat market share: 6.8% vs. 6.3% a year ago.
    • Fiat YTD registrations +11.5%.
    • Results include the Fiat, Jeep, Lancia, Chrysler, and Alfa Romeo brands.
    • EAMA release (.pdf)
    | Jun. 16, 2015, 7:53 AM | 4 Comments
  • Jun. 11, 2015, 12:34 PM
    • Fiat Chrysler Automobiles (FCAU +0.5%) is on to merger Plan B after failing to generate any interest at General Motors over a combination, sources tell Bloomberg.
    • Asian automakers Mazda (OTCPK:MZDAY), Honda (NYSE:HMC), Suzuki (OTCPK:SZKMF, OTCPK:SZKMY) and Hyundai (OTC:HYMLF) are the next logical choices to talk consolidation - while Peugeot Citroen (OTCPK:PEUGF) could also get a call from Sergio Marchionne.
    • Volkswagen (OTCQX:VLKAY) is considered a long shot to enter merger discussions with Fiat.
    | Jun. 11, 2015, 12:34 PM | 10 Comments
  • Jun. 9, 2015, 2:18 AM
    • Fiat Chrysler Automobiles' (NYSE:FCAU) Chief Executive Sergio Marchionne is reaching out to hedge funds and other potential allies to prod General Motors (NYSE:GM) into a merger, WSJ reports.
    • Marchionne has been emboldened by recent successes of activist investors at GM and sees them as a means to consolidate the fragmented auto industry.
    • So far, GM has resisted all of Fiat Chrysler's entreaties, including a merger appeal to Chief Executive Mary Barra earlier this year.
    • Previously: GM passes on merger offer from Fiat Chrysler (May. 23 2015)
    | Jun. 9, 2015, 2:18 AM | 39 Comments
  • Jun. 5, 2015, 3:12 PM
    • The NHTSA has received nine complaints on sudden braking triggered by the autonomous system of 2014 Jeep Cherokee vehicles, according to the WSJ.
    • The complaints detail "collision alerts" being sounded when no impediments where in the road.
    • Fiat Chrysler Automobiles (FCAU -2.2%) says it's cooperating with the investigation, but is also known for being one of the more feisty automakers when dealing with regulators.
    | Jun. 5, 2015, 3:12 PM | 5 Comments
  • Jun. 5, 2015, 12:30 PM
    • Fiat Chrysler Automobiles (FCAU -3%) CEO Sergio Marchionne says an IPO for Ferrari won't occur before October 12 due to a technical reason.
    • The public launch of Ferrari has been highly anticipated due to the belief of some analysts the business can develop into a lifestyle brand.
    | Jun. 5, 2015, 12:30 PM
  • Jun. 2, 2015, 8:44 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) recorded its 62nd straight month of positive sales growth, led by a strong month for the Jeep Wrangler and Cherokee models as well as momentum with the Chrysler 200 introduction.
    • Brand sales growth: Fiat -19% to 3,867; Chrysler +32% to 29,802; Jeep +13% to 79,652; Dodge -22% to 45,268; Ram +12% to 43,958; Alfa Romeo 40 (new).
    • Model sales growth: Jeep Patriot +31% to 10,782; Jeep Wrangler +16% to 22,324; Jeep Cherokee +23% to 19,669; Chrysler 200 +537% to 20,007; Dodge Dart +flat at 8,667; Ram P/U +8% to 39,952; Chrysler Town & Country -61% to 5,753; Fiat 500 -22% to 2,614; Alfa Romeo 4C (new) 40.
    • The automaker says it ended the month with 69 days supply of inventory vs. 78 days last month and 73 days in March.
    • Previously: Fiat Chrysler Automobiles May U.S. sales: +4.0%
    | Jun. 2, 2015, 8:44 AM | 3 Comments
  • Jun. 2, 2015, 8:36 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) unit sales +4.0% to 202,227 units vs. +2.6% estimated.
    • Car sales increased 27% during the month to 50,762 units.
    • Truck sales -2% to 151,465 units.
    | Jun. 2, 2015, 8:36 AM | 5 Comments
  • Jun. 1, 2015, 5:48 PM
    • TrueCar estimates the average U.S. automobile transaction price rose 4% in May.
    • Prices were up 0.5% compared to April's ATP, according to the research firm.
    • The group of automakers with 4% or more gains in pricing includes Subaru (OTCPK:FUJHY), Fiat Chrysler Automobiles (NYSE:FCAU), and Ford (NYSE:F).
    • The ratio of incentive spending by automakers fell 10 bps to 8.2% during the month.
    • Previously: Kelley Blue Book: U.S. auto sales to dip 1% in May (May 27)
    | Jun. 1, 2015, 5:48 PM | 5 Comments
  • May 28, 2015, 12:44 PM
    • Fiat Chrysler Automobiles (FCAU -0.4%) recalls over 4M vehicles in the U.S. due to the massive Takata airbag issue.
    • The recall action for 4,066,372 cars covers different models manufactured between 2004 and 2011.
    • Previously: The Takata recalls continue (May 28)
    | May 28, 2015, 12:44 PM | 4 Comments
  • May 27, 2015, 6:56 AM
    • Kelley Blue Book forecasts U.S. automobile sales will fall 1% Y/Y to 17.3M units in May.
    • Fiat Chrysler Automobiles (NYSE:FCAU) is expected to see sales growth of 2.9% to 200K units, while Ford (NYSE:F), General Motors (NYSE:GM), and Toyota (NYSE:TM) are seen dropping back during the month.
    • KBB sees growth in the mid-size SUV/crossover segment offset by sliding demand for mid-size cars and compacts.
    | May 27, 2015, 6:56 AM | 12 Comments
  • May 23, 2015, 10:51 PM
    • Fiat Chrysler Automobiles (NYSE:FCAU) CEO Sergio Marchionne made a direct approach to General Motors (NYSE:GM) about a merger last March, according to the New York Times.
    • An e-mail from the CEO pitched the strategic advantages of a combination of the two auto heavyweights, but was rebuffed by GM.
    • In the last month, Marchionne made a highly entertaining trip to Silicon Valley and has been backing the company's 25-page thesis titled "Confessions of a Capital Junkie in which it highlights the benefits of automobile industry consolidation.
    • Previously: Fiat Chrysler Automobiles peers through the looking glass (April 30)
    • Previously: Sergio Marchionne goes to Silicon Valley (May 11)
    | May 23, 2015, 10:51 PM | 33 Comments
  • May 19, 2015, 7:31 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) European car registrations +13.4% to 78,957 units in April, according to the European Automobile Manufacturers Association.
    • Overall EU registrations +6.9% Y/Y in April, led by a strong month in Germany, the U.K., and Italy. YTD registrations +8.2%.
    • Fiat Chrysler Automobiles market share: 6.5% vs. 6.2% a year ago.
    • Fiat Chrysler YTD registrations +12.1%.
    • Results include the Fiat, Jeep, Lancia, Chrysler, and Alfa Romeo brands.
    • EAMA release (.pdf)
    | May 19, 2015, 7:31 AM | 1 Comment
  • May 18, 2015, 1:59 PM
    • The NHTSA plans to hold a public hearing to determine if Fiat Chrysler Automoibles (NYSE:FCAU) failed to live up to its obligations under the Motor Vehicle Safety Act in 20 separate recalls.
    • The hearing is scheduled for July 2.
    • The government agency also issued a special order demanding further information from Fiat on its recall performance.
    | May 18, 2015, 1:59 PM | 1 Comment
  • May 18, 2015, 12:00 PM
    • There's a high level of options trading being reported on Fiat Chrysler Automobiles (FCAU +0.4%).
    • The volume spike could be tied to market chatter on Apple taking a stake.
    • Big Three scorecard: FCAU is +34% YTD vs. Ford -0.1% and GM +0.2%.
    | May 18, 2015, 12:00 PM | 2 Comments
  • May 18, 2015, 7:17 AM
    • Labor unrest has stopped production at a factory in Turkey owned by Fiat Chrysler Automobiles (NYSE:FCAU) and Renault (OTCPK:RNLSY) in a joint venture.
    • Most of the automobile models manufactured at the facility are sold in Europe.
    | May 18, 2015, 7:17 AM
  • May 11, 2015, 7:52 AM
    • Fiat Chrysler Automobiles (NYSE:FCAU) CEO Sergio Marchionne is still calling for consolidation in the automobile industry, despite his pleas falling on some deaf ears with some other top automaker execs.
    • Marchionne also tipped off that he made a California trip in which he met with Tesla Motors CEO Elon Musk, Apple CEO Tim Cook, and took a spin in Google's self-driving car.
    • "I'm incredibly impressed with what that kid has done," said Marchionne on Musk.
    • He walked away from the Cook meeting thinking Apple is interested in its "intervention" in the car - a subtle distinction which leans toward Apple being a software player not a manufacturer.
    • Previously: Fiat Chrysler Automobiles peers through the looking glass (Apr. 30 2015)
    | May 11, 2015, 7:52 AM | 8 Comments
Company Description
Fiat Chrysler Automobiles NV engages in the automobile business, which designs, engineers, manufactures, distributes and sells vehicles, components and production systems. The company's activities are carried out through six reportable segments: four regional mass-market vehicle segments, a... More
Industry: Auto Manufacturers - Major
Country: Netherlands