Fiat Chrysler Automobiles (NYSE:FCAU) Leads in Sales

The results of Auto Makers during the month of December are being released this Monday. It seems that the auto sector has performed amazingly well during the previous month due to a combination of multiple factors. That’s not all; this surge in sales is expected to continue for the coming months as well which is reflected on the stocks of the companies. Surprisingly during the last month, it is the Fiat Chrysler Automobiles (NYSE:FCAU) that lead the market in December.

Out of the number of factors that have resulted in a boost of sales during the last month, a drop in fuel prices was the leading one. Last year, fuel prices have witnessed a drop of almost 50%. Other factors include a more stable economy and bullish performance of the stock exchange. As a result Fiat Chrysler Automobiles (NYSE:FCAU) has managed to increase sales by 25% as compared to the last year. This is a significant improvement by Fiat Chrysler Automobiles (NYSE:FCAU) which had a market share of only 11.9% before this increase in sales.

With the increase in sales during December, it is said that Fiat Chrysler Automobiles (NYSE:FCAU) has managed to increase its market share and now stands at 13.3%. Since the official results have not been announced, it is predicted that Fiat Chrysler Automobiles (NYSE:FCAU) managed to sell around 200,621 vehicles. Fiat Chrysler Automobiles (NYSE:FCAU) is not the only company that has posted an increase in sales. Overall, the whole sector has performed very well.

Toyota Motor Corp. (NYSE:TM) the Japanese giant has also shown promising results with an increase of 15% in sales compared to last year. The total number of vehicles sold by Toyota Motor Corp. (NYSE:TM) is estimated to be 219,587. It should be noted here that the market share of Toyota Motor Corp. (NYSE:TM) is more than Fiat Chrysler Automobiles (NYSE:FCAU) and stands at 14.5%. The second position in the US auto sales market has been maintained by Ford Motor Co. (NYSE:F) which has managed to increase its sale by 21% on a month to month basis.

It is assumed that Ford Motor Co. (NYSE:F) will continue with this momentum in 2015 through the sales of its new F-150 pickups. Despite increase in sales the companies mentioned above have not managed to gain the top position. Still the American market leader is General Motors Co. (NYSE:GM) which managed to sell around 261,191 vehicles. The General Motors Co. (NYSE:GM) managed to increase its sale by 14%. The positive close in the month of December is also due to the fact the vendors got one extra day as compared to last month.

But this is a minor reason as the other factors played a powerful role in the increase in sales. If the oil prices continue to drop or become stable at around $50 per barrel, the auto companies will keep on selling more vehicles and Ford Motor Co. (NYSE:F) might become number one.