When Fiat Chrysler (FCAU) listed on the New York Stock Exchange last October, the share price debuted at $9. Six months on, buoyed by a strong U.S. and European auto sector, the stock has risen more than 60 per cent to become one of the best-performing shares in the category.
The big kicker driving FCA's popularity is the group's global expansion strategy, outlined by CEO Sergio Marchionne in 2014, as part of his audacious five-year plan.
http://www.caradvice.com.au/339711/how-fiat-chrysler-is-wowing-wall-street/
The FCA group has a formidable arsenal of SUV's coming. Between the Jeep brand and the 3 Fiat SUV's, the 2 Alfa SUV's, Maseratis SUV, the RAM pick ups and so forth, FCA are able capitalise on the world wide movement towards SUV's. VW must be looking on with envy.
The big kicker driving FCA's popularity is the group's global expansion strategy, outlined by CEO Sergio Marchionne in 2014, as part of his audacious five-year plan.
http://www.caradvice.com.au/339711/how-fiat-chrysler-is-wowing-wall-street/
The FCA group has a formidable arsenal of SUV's coming. Between the Jeep brand and the 3 Fiat SUV's, the 2 Alfa SUV's, Maseratis SUV, the RAM pick ups and so forth, FCA are able capitalise on the world wide movement towards SUV's. VW must be looking on with envy.
