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Fiat Chrysler Reports December U.S. Auto Sales Rose 20%
Monday, January 5, 2015 - 11:02am | 185Fiat Chrysler Automobiles NV (NYSE: FCAU) on Monday reported U.S. December sales rose 20 percent from a year ago, as the company sold 193,261 total vehicles. December's sales data marked the company's best December in a decade and marks the 57th consecutive month of year-over-year sales...
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Fiat Chrysler Reports Better-Than-Expected Sales Growth In November
Tuesday, December 2, 2014 - 10:05am | 265Fiat Chrysler Automobiles NV (NYSE: FCAU) reported on Tuesday it sold 170,839 units throughout November, marking a 20 percent increase compared to the 142,275 units it sold in the same month a year ago. November's sales report marks the company's 56th consecutive month of year-over-year...
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How Fiat Chrysler And Other Automakers Performed On First Days Of Trading
Tuesday, October 21, 2014 - 3:08pm | 710Fiat Chrysler Automobiles NV (NYSE: FCAU) finally gave investors the chance to trade stocks of Chrysler again when it was launched on the New York Stock Exchange October 13. It has been more than seven years since Chrysler was publicly traded on any U.S. stock exchange, according to CNN Money....
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Morgan Stanley: Will July Auto Sales Benefit From June's Momentum?
Thursday, July 31, 2014 - 9:37am | 317As fuel prices continue to rise, analysts at Morgan Stanley are predicting July auto sales will remain strong. In a note to clients on Thursday, Adam Jonas speculated that July auto sales will benefit from June's momentum “spilling over,” given attractive dealer incentives and...
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What Will Help Fiat's Sluggish Momentum In The United States?
Monday, July 14, 2014 - 3:01pm | 451It appears to be a tale of two brands. While Chrysler sales have been doing very well lately, sales of its stable-mate Fiat (OTC: FIATY) have been struggling. Fiat completed its acquisition of Chrysler back in January – and earlier this month, Chrysler Group LLC reported its 51st...
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June Auto Sales Beat Street Views
Wednesday, July 2, 2014 - 6:49am | 338Wall Street got an upside surprise from the U.S. vehicle sales figures for June, which showed some of the strongest monthly data since 2007. Chrysler Group LLC and General Motors Corp. (NYSE: GM) saw sales rise 9.2 percent and one percent respectively, while Ford Motor Co. (NYSE: F) sales were...
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Big Three June Auto Sales Highlights
Tuesday, July 1, 2014 - 12:44pm | 163Auto companies Tuesday released sales data for the month of June. Some highlights from the results are listed below. Ford (NYSE: F) Sales down 5.8 percent year-over-year. Fusion sales up 14 percent - its best June ever. Lincoln sales down 2.7 percent. SUV sales fell 8.4 percent...
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Chrysler Sold 171,086 Vehicles In June, Up 9% From Year Earlier
Tuesday, July 1, 2014 - 8:59am | 147Chrysler Group LLC said its June monthly sales increase of nine percent represents the fastest growth for the period since 2007. Privately-held Chrysler sold 171,086 vehicles in June, up from 156,686 vehicles in June 2013. This despite two fewer selling days in the recent period compared with a...
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AutoHarvest Plays Key Role In Ford's Inflatable Seat Belt Licensing
Thursday, May 29, 2014 - 1:41pm | 793Ford (NYSE: F) has a history of developing and later licensing technology to competitors. For that reason, Ford’s decision to offer its patented inflatable seat belts to other companies was not a huge surprise. What was not so widely known was the role played by an innovative Detroit nonprofit...
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Why You Should Buy An American Car
Tuesday, May 27, 2014 - 3:59pm | 897The traditional argument for buying an American-made automobile has been patriotic. Support your country and its workers by buying a vehicle made here. That argument, as Bloomberg noted, plays strongly on a sense of nationalism and the notion that some industries like the Detroit-based...
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The Reasons Behind Apple's Reported Acquisition Of Beats
Friday, May 9, 2014 - 10:08am | 659Apple (NASDAQ: AAPL) will reportedly buy Beats for $3.2 billion as early as next week according to the Financial Times. The big question is why? The answer, Re/Code said, comes in two-parts - headphones and streaming. For $3.2 billion, more than Apple has paid for any acquisition, the company...
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Detroit's Big Three Auto Makers Report March Sales
Tuesday, April 1, 2014 - 5:00pm | 900On the first day of each month, major auto manufacturers report their previous month's total sales. The data is closely monitored by both investors and auto enthusiasts to keep up with the most up to date information on how the manufacturers are performing in a tough economic environment that...
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Auto Makers Post Mixed February Sales
Monday, March 3, 2014 - 5:33pm | 914In January, harsh weather climates were being blamed for poor auto sales that hammered the Midwest and Northeast regions several times during the month. The auto makers remained optimistic that declining sales are a temporary phenomenon and remained optimistic that consumers will show up to...
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Why Charlie Sheen's Fourth Engagement Proves The Value Of Investing With Due Diligence
Wednesday, February 26, 2014 - 12:39pm | 642When investing, whether it is emotionally in a relationship or financially in a publicly traded security, there are always high hopes that all will turn out well. But, as Charlie Sheen's recent engagement to a married porn star proves, it is important to perform thorough research functions,...
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Automotive Suppliers To Benefit From New Car Demand
Wednesday, February 12, 2014 - 4:26pm | 942With automobile sales returning to pre-recession levels in the US and showing signs of a turnaround in Europe, shares of automotive suppliers may benefit. Despite disappointing January sales figures from Ford (NYSE: F) and General Motors (NYSE: GM), both companies are taking steps to ramp up...