moparnut
Administrator
It seems no matter how many promises Sergio Marchionne keeps, or how many times his projections hit the mark, analysts aren’t going to buy it.
In the five months since its first listing (which was five months ago today), FCA stock has grown 62.2%. In the same period, Ford stock has risen 20% and GM stock has gone up 26.5%. The truth is that, since its taxpayer-funded IPO, GM stock has never grown as much as FCA. Its high point in December 2013 was just 19.6% higher than its original price.
In the years since the crash of ’09, FCA/Chrysler Group sales have grown 124.5% while Ford’s have increased 52.9% and GM’s have risen 41.7%, about a third of FCA’s … (full article) Read the rest...
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