NEW YORK (TheStreet) -- Fiat Chrysler (FCAU) shares closed trading up 1.2% to $11.81 on Tuesday after analysts at Kelley Blue Book estimated that the parent company of Chrysler Motor Group would see a year over year 20.5% increase in U.S. December sales.
Analysts at the firm estimate that the company will sell 194,000 units in the month, raising its market share to 13% from 11.9%.
The company sold 171,000 in November and for the year the company is expected to sell over 2 million vehicles, a 16% increase over 2013's total. The company's sales were led by its Jeep Cherokee and Dodge Ram pickup truck.
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