How Scary Is Fiat Chrysler Automobiles' 10% Sales Decline?
Fiat Chrysler Automobiles (NYSE: FCAU) said that its U.S. sales fell 9.7% in September, a drop that it attributed to a planned reduction in sales to rental car fleets. FCA said that its retail sales rose slightly (up 0.3%) from a year ago.
But FCA's small retail sales gain fell well behind rivals' results, despite the fact that the company seems to have the right product mix for the current U.S. market. Why isn't FCA doing better?
Source: Fool.com
Ford Motor Co. Stock
€11.50
0.030%
We see a rather positive sentiment for Ford Motor Co. with 13 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a positive potential of 21.76% for Ford Motor Co. compared to the current price of 11.5 €.