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Tag: chrysler
Why Chrysler Will Continue to Struggle
2014-11-02 15:57:18| Automakers - Topix.net
Despite being an afterthought, though, Fiat Chrysler Automobiles' sales are surging in 2014 because of the strong sales from its popular Jeep and Ram Truck brands. However, even with sales surging this year, Chrysler is continuing to lag far behind its competitors in two critical categories, which will continue to limit the automaker's successful sales push.
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struggle
chrysler
Fiat Chrysler to spin off Ferrari, issue $2.5b convertible bond
2014-10-30 08:13:41| Auto Dealers - Topix.net
Fiat Chrysler Automobiles said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan. The newly created FCA, which moved its primary share listing to New York earlier this month, wants to invest 48 billion euros over the next five years to turn Jeep, Maserati and Alfa Romeo into global brands and rival Volkswagen and BMW by strengthening its position in the fast-growing and high-margin market for premium cars.
Jim Cramer Shares His View On Fiat Chrysler, Mattel And JetBlue
2014-10-30 04:52:42| Toys - Topix.net
CNBC Mad Money's Jim Cramer said on the show that he is a buyer of Fiat Chrysler Automobiles NV because it is well-run. The stock spiked 11.63 percent on the news that it will spin off its luxury sports car unit, Ferrari.
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jim
shares
chrysler
Ferrari to split with parent company, Fiat Chrysler
2014-10-29 19:16:38| Automakers - Topix.net
Ferrari will split with its parent company, Fiat Chrysler, and investors will soon be able to buy shares in the iconic sports car maker. Fiat Chrysler announced the news Wednesday, saying Ferrari will be listed in the U.S. and possibly on a European exchange.
Tags: company
parent
split
ferrari
Fiat Chrysler to spin off luxury brand Ferrari
2014-10-29 19:16:37| Automakers - Topix.net
Fiat Chrysler Automobiles announced Wednesday it will spin off sports car maker Ferrari into a separate company, a move to unlock the luxury brand's value and distinguish it from its mass-market parent. The spinoff aims to raise money to support the newly merged carmaker's plans to invest 48 billion euros over five years to compete with global giants Toyota and Volkswagen.
Tags: brand
luxury
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ferrari
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