Chrysler stock market ticker

Chrysler stock market ticker

Posted: Nice-Day Date: 12.07.2017

Shares of Fiat Chrysler began trading on the NYSE Monday under the ticker symbol FCAU. Chrysler hasn't been publicly traded in the United States in more than seven years. At that time it was known as DaimlerChrysler.

FCAU stock quote - Fiat Chrysler Automobiles N.V. Common Shares price - dicajytuh.web.fc2.com

Daimler DDAIF agreed to sell Chrysler to private equity firm Cerberus in Fiat's stock had previously traded as Fiat SpA FIATY in Milan and the United States. Those shares have outperformed GM GM and Ford F so far this year, largely due to the resurgence of Chrysler -- the smallest of Detroit's Big Three.

That is Chrysler's 54th consecutive month of year-over-year sales gains.

The company has done particularly well with larger vehicles, which are becoming more popular again as gas prices fall. Jeep sales are surging, as are sales of Chrysler's Ram trucks.

FCAU Stock Price & News - Fiat Chrysler Automobiles N.V. - Wall Street Journal

Ford shares shift into reverse. Chrysler has turned its fortunes around since Fiat, led by enigmatic CEO Sergio Marchionne, took control of the company following its bankruptcy.

The combined business is profitable as well, no small feat given how bad things got during and But can Fiat Chrysler grow further?

chrysler stock market ticker

Right now, it still is just the seventh-largest automaker in the world by sales. In addition to trailing Ford and GM, it's also smaller than Toyota TM , Volkswagen VLKAF , Renault-Nissan and Hyundai-Kia.

Marchionne hinted in a recent interview with Bloomberg Businessweek that there could be more consolidation in the auto industry and that Fiat Chrysler could be a buyer. There has been chatter over the past few years about the possibility of a combination between Fiat and Honda HMC or Suzuki SZKMF. Fiat also announced a partnership with Mitsubishi Motors last month in which Mitsubishi will produce new midsized pickup trucks for Fiat in Europe and Latin America.

Could a full-blown merger of the two be next? Any of these would be a bold deal that could catapult Chrysler ahead of Ford in the global sales rankings. Marchionne has said that he plans to step down as Fiat Chrysler CEO in So if he wants to do another huge deal to make the company even bigger, he's only got a few years to add to his legacy.

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