|Bid||0.00 x 4000|
|Ask||0.00 x 800|
|Day's Range||18.15 - 18.36|
|52 Week Range||15.33 - 24.95|
|PE Ratio (TTM)||7.07|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.24|
Calsonic Kansei lined up around €5 billion in financing from Japanese banks to acquire Magneti Marelli, a Fiat Chrysler unit, Reuters reported Friday.
AUBURN HILLS, Mich. , Sept. 21, 2018 /PRNewswire/ -- 2019 Ram 1500 Rebel 12 adds class-leading technology and high-end materials to create premium version of the popular off-road model Rebel 12 includes ...
LONDON/FRANKFURT (Reuters) - Calsonic Kansei has lined up around 5 billion euros ($5.9 billion) in financing from Japanese banks to fund its proposed acquisition of Fiat Chrysler's (FCHA.MI) unit Magneti Marelli, four sources familiar with the matter said. The Japanese car parts maker, which U.S. private equity fund KKR bought from Nissan and other shareholders in 2016, has been in talks with Fiat Chrysler (FCA) for months and has asked the likes of Nomura and Mizuho to finance its bid. Calsonic has made an initial proposal of 5.8 billion euros for Magneti Marelli, two of the sources said, but the final price could be revised after the Japanese group conducts in-depth due diligence on the Italian rival.
LONDON/FRANKFURT (Reuters) - Calsonic Kansei has lined up around 5 billion euros (4.5 billion pounds) in financing from Japanese banks to fund its proposed acquisition of Fiat Chrysler's (FCHA.MI) unit Magneti Marelli, four sources familiar with the matter said. The Japanese car parts maker, which U.S. private equity fund KKR bought from Nissan and other shareholders in 2016, has been in talks with Fiat Chrysler (FCA) for months and has asked the likes of Nomura and Mizuho to finance its bid. Calsonic has made an initial proposal of 5.8 billion euros for Magneti Marelli, two of the sources said, but the final price could be revised after the Japanese group conducts in-depth due diligence on the Italian rival.
AUBURN HILLS, Mich. , Sept. 21, 2018 /PRNewswire/ -- "FCA Replay" is a weekly recap of some of the major stories at FCA US. The top stories for the week of September 21, 2018 , include the rumble ...
Short interest is extremely low for FCAU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FCAU. ETFs that hold FCAU had net inflows of $1.38 billion over the last one-month.
Another concern was what would happen to Ferrari stock during a recession? It will probably be hit like most stocks and most automakers, but at least Ferrari has a wealthy clientele and doesn't have an issue selling out of all of the cars it makes right now. Now, Aston Martin is looking to do the same.
Let me stipulate that Tesla (NASDAQ:TSLA) is great, and what it has done is amazing. In less than a decade Tesla has transformed the automotive industry. Its all-electric, high performance cars, designed and built in the USA, outshine anything on the road.
Automotive News Canada pointed its divination stick at Chrysler as part of its Future Product Pipeline series. The publication dug up two revelations, one being that the Chrysler 300 has two more years to live, ending production come 2020. AN Canada's other revelation was Chrysler would allay that fate by putting the "six-passenger multi-purpose" Portal concept into production for 2020.
PARIS (Reuters) - Renault (RENA.PA), Volkswagen (VOWG_p.DE) and Fiat Chrysler (FCHA.MI) led a 29.8 percent European car sales surge last month, the main regional industry body said, as automakers used ...
Renault, Volkswagen (VOWG_p.DE) and Fiat Chrysler led a 29.8 percent European car sales surge last month, the main regional industry body said, as automakers used discounts to clear inventory ahead of tougher emissions tests. Registrations across Europe rose to 1.17 million cars, well above usual levels for the slow month of August and the 902,870 achieved in the same month last year, Brussels-based ACEA said on Wednesday. The tougher new Worldwide Harmonised Light Vehicle Test (WLTP) became mandatory on Sept. 1, forcing carmakers including Renault and Volkswagen to halt deliveries of some model versions that had yet to be re-certified for emissions.
The editors of Latina Style magazine have named FCA US LLC among the top 12 U.S. companies for Hispanic women to work. The ranking is part of the magazine's annual Latina Style 50 Report (LS50 Report).
The editors at WardsAuto have named the all-new 2019 Ram 1500 to the third annual Wards 10 Best User Experience List for 2018 as it continues to lead the way in technology, efficiency, durability and luxury with features never before offered in a pickup. "The all-new 2019 Ram 1500 was designed to be the most technologically advanced pickup ever and we are honored that WardsAuto has chosen the Ram 1500 for Ward's 10 Best User Experience list," said Jim Morrison, Head of Ram Brand, FCA – North America.
Ferrari NV unveiled an open-top supercar that it billed as the closest thing to a Formula 1 racer ever built for the public market. The carbon-fiber, 810-horsepower Monza will come in one-seat and two-seat versions, Ferrari’s marketing head, Nicola Boari, and chief designer Flavio Manzoni said Tuesday at the company’s headquarters in Maranello, Italy. Ferrari will manufacture fewer than 500 of the 12-cylinder machines, which will be capable of reaching 100 kilometers per hour in less than three seconds.
Just last week Ram informed us of the red and blue Harvest Edition chassis cab trucks that match Case IH and New Holland hardware, and now there's a new color theme edition available. Ram is introducing a limited, 1,500-unit Mojave Sand edition of the 2018 Power Wagon.
AUBURN HILLS, Mich. , Sept. 18, 2018 /PRNewswire/ -- Ram Power Wagon introduces new color Mojave Sand and all-black wheels Power Wagon Mojave Sand package priced at $795 Limited edition only offered in ...
Ram's still far-off midsize pickup is shaping up to be a rugged body-on-frame pickup if this report from Automotive News is correct. It's already been a long road of back and forth about whether or not Ram would build the small pickup. Mike Manley, now the CEO of FCA following Sergio Marchionne's passing, confirmed the brand's intentions of bringing a midsize truck to market when explaining the company's five-year plan a few months back.
Ferrari NV is set to unveil a special edition supercar that will form an integral part of Chief Executive Officer Louis Camilleri’s highly-anticipated five-year strategy plan, according to people familiar with the matter. The so-called "Icona" project, hinted to customers last month in an invitation, will broaden Ferrari’s offering of limited edition supercars -- a range including multi-million dollar models --- that are aimed at boosting profit margins, said the people, who asked not to be named because details aren’t yet public. A spokesman for Ferrari declined to comment ahead of a capital markets day scheduled to get underway Tuesday at Ferrari’s headquarters in Maranello, Italy.
Fiat Chrysler Automobiles NV will evaluate other potential buyers for its Magneti Marelli parts unit because the carmaker views a bid made by KKR & Co. as too low, people familiar with the matter said. KKR offered less than the 6 billion-euro ($7 billion) minimum valuation sought by Fiat, which ended the exclusivity of the talks, said the people, who asked not be named because the talks are confidential. The U.S. fund wanted to pay around 5 billion euros for Marelli because conditions for Fiat’s alternative plan of spinning off the division have deteriorated, people familiar with the matter said Sept. 12.
The trade war with China is hitting the car industry raising costs of everything from tires, to brake pads and engines. Yahoo Finance's Seana Smith, Dion Rabouin, Andy Serwer and Shawn Snyder, Head of Investment Strategy at Citi Personal Wealth Management.