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Fca well on the stock market due to the Ferrari IPO and +14% US sales

FCA US auto sales remained unchanged at 39.328 units, while those of vans grew 18% to 153.691.

Fca well on the stock market due to the Ferrari IPO and +14% US sales

Sunny day for the FCA stock on the Stock Exchange, which at the beginning of the afternoon gained 3%, to 11,95 euros, achieving one of the best increases on Piazza Affari. Two factors are supporting the purchases of Fiat Chrysler shares: the market's interest in the Ferrari IPO and the latest positive data on the carmaker's sales in France and the United States. 

In particular, FCA announces that it closed last month with sales growth of 14% on an annual basis, to 193.019 units, from 169.890 in the same period last year, marking the best September since 2000 and the 66th consecutive month of sales increases.

Overall sales of the Fiat brand in the United States, which includes the Fiat 500, 500L and 500X models, were up 1% last month compared to September 2014. Sales of the new Fiat 500X were up 10% compared to August and the third consecutive month of growth since launch.

September sales were substantially in line with analyst forecasts, which expected a 14,4% increase. In general, FCA US car sales remained unchanged at 39.328 units, while those of vans grew by 18% to 153.691.

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