Author Topic: FCAU - Fiat Chrysler Automobiles  (Read 704314 times)

kh812000

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Re: FCAU - Fiat Chrysler Automobiles
« Reply #2580 on: January 11, 2018, 03:19:26 PM »

More positive news on FCAU....


Fiat Chrysler Automobiles NV FCA, +2.26% FCAU, +7.19% said late Thursday it plans to invest more than $1 billion to modernize a plant in Michigan to make the next generation of its Ram heavy-duty trucks by 2020. The production of the trucks will be relocated to the Michigan factory from a plant in Mexico, Fiat Chrysler said. The move will create 2,500 new jobs, the company said, adding the announcement was made possible in part by the U.S. tax overhaul. The Mexican plant will be "repurposed" to make future commercial vehicles for the global market, the car maker said. In the same statement, Fiat Chrysler said it will pay a $2,000 bonus to about 60,000 hourly and salaried U.S. employees, excluding senior executives, in the second quarter. American Depositary shares of Fiat Chrysler rose nearly 5% in late trading after ending the regular session up 7.2%.



fareastwarriors

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Shooter MacGavin

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Re: FCAU - Fiat Chrysler Automobiles
« Reply #2583 on: January 16, 2018, 09:29:34 AM »
It's interesting that the stock was up in Milan 50 bps yesterday after Sergio's interview and it's down 2.50% today on the NYSE.  I'm not sure if there's an explanation.  I believe the reason it's down today is because there was a false perception that Jeep was going to be spun-off, which was never the case, and that was confirmed yesterday.

Do they post the video of these interviews anywhere on the web?

   

insight

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Re: FCAU - Fiat Chrysler Automobiles
« Reply #2584 on: January 16, 2018, 12:29:26 PM »

Shooter MacGavin

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Re: FCAU - Fiat Chrysler Automobiles
« Reply #2585 on: January 16, 2018, 01:27:21 PM »
insight.  thank you very much.

whiterose

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Re: FCAU - Fiat Chrysler Automobiles
« Reply #2586 on: January 16, 2018, 01:30:22 PM »
FCA US Offers Two Live Webcasts From 2018 North American International Auto Show

https://www.prnewswire.com/news-releases/fca-us-offers-two-live-webcasts-from-2018-north-american-international-auto-show-300581283.html

Thanks!

Sergio quoting Wittgenstein within 3min is just awesome..