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Fiat Chrysler Rose with Its Electric Vehicle Plan

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Jun. 21 2016, Published 3:50 p.m. ET

Price movement 

Fiat Chrysler Automobiles (FCAU) has a market cap of $9.1 billion. It rose by 4.1% to close at $7.04 per share on June 20, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 6.0%, 3.2%, and -49.7%, respectively, on the same day.

This means that FCAU is trading 1.4% above its 20-day moving average, 5.0% below its 50-day moving average, and 31.4% below its 200-day moving average.

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Related ETF and peers

The Vanguard FTSE Developed Markets ETF (VEA) invests 0.10% of its holdings in Fiat Chrysler. This ETF tracks a market-cap-weighted index of large-cap and midcap stocks from developed markets outside the US, dynamically transitioning to include small caps and Canadian stocks. The YTD price movement of VEA was -0.31% on June 20, 2016.

The market caps of Fiat Chrysler’s competitors are as follows:

  • Toyota Motor Corporation (TM) — $173.3 billion
  • Ford Motor Company (F) — $52.8 billion
  • Tesla Motors (TSLA) — $32.4 billion

Fiat Chrysler Automobiles’s new plans

Fiat Chrysler Automobiles rose by more than 4.1% on June 20, 2016, after the news that it is planning to add full electric vehicles in its product line. This product line includes the Maserati Alfieri sports car and a small city car for the European market.

A press release dated June 20, 2016, noted, “Fiat Chrysler Automobiles is conducting a thorough investigation into the death of ‘Star Trek’ actor Anton Yelchin. The actor died when his recalled 2015 Jeep Grand Cherokee rolled and pinned him against a fence in Los Angeles on this weekend.”

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Fiat Chrysler’s sales in May 2016

Below is a breakdown of Fiat Chrysler’s US sales in May:

  • Fiat Chrysler US: 204,452 units, which is a rise of 1.1% over May 2015
  • Jeep: 90,545 units, which is a rise of 13.7% over May 2015
  • Chrysler: 24,276 units, which is a fall of 18.5% from May 2015
  • Dodge: 42,837 units, which is a fall of 5.4% from May 2015
  • Fiat: 3,137 units, which is a fall of 18.9% from May 2015

Here’s the breakdown for sales in Canada:

  • Fiat Chrysler Canada reported net sales of 31,724 units, a rise of 0.34% from May 2015.
  • Dodge Grand Cherokee reported sales of 6,169 units, a rise of 87.8% from May 2015.
  • Jeep Grand Cherokee reported sales of 2,003 units, a rise of 40.5% from May 2015.
  • Dodge Challenger reported sales of 665 units, a rise of 17.5% from May 2015.
  • Jeep reported sales of 9,881 units, a rise of 3.7% from May 2015.

The breakdown of sales in Italy is as follows:

  • FCA Italy reported a rise in sales of 33.3% from May 2015.
  • Fiat brand reported a rise in sales of 33.0% from May 2015.
  • Lancia reported a rise in sales of 38.0% from May 2015.
  • Alfa Romeo reported a rise in sales of 7.1% from May 2015.
  • Jeep reported a rise in sales of 60.9% from May 2015.

Finally, here’s the breakdown of the company’s sales in Europe:

  • Fiat Chrysler Europe reported total sales of 98,000 units, a rise of 25.3% from May 2015.
  • Sales in France rose by 28.1% from May 2015.
  • Sales in Germany rose by 8.9% from May 2015.
  • Sales in Spain rose by 37.0% from May 2015.
  • Fiat brand reported European sales of 74,500 units, a rise of 26.8% from May 2015.
  • Jeep brand posted sales of ~9,900 units, a rise of 30.0% from May 2015.

Now we’ll discuss Toyota Motor Company.

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