Fiat Chrysler (FCAU) Stock Gained Today Following Estimated 20.5% Increase in December Sales

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.

Exclusive Report: Jim Cramer's Best Stocks for 2015

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

FCAU Chart FCAU data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

More from Markets

Alphabet Shares Gain as Investors Shrug Off Q1 Google Spending Spree

Alphabet Shares Gain as Investors Shrug Off Q1 Google Spending Spree

SAP Shares Leap After Cloud Business Prompts Full-Year Profit Guidance Hike

SAP Shares Leap After Cloud Business Prompts Full-Year Profit Guidance Hike

Apple Suppliers Slide After European, Asian Chipmakers Echo Smartphone Concerns

Apple Suppliers Slide After European, Asian Chipmakers Echo Smartphone Concerns

Alphabet, Caterpillar, Coca-Cola and Amazon - 5 Things You Must Know

Alphabet, Caterpillar, Coca-Cola and Amazon - 5 Things You Must Know

Global Stocks Edge Higher, But Bond Yields, Oil Prices May Test Market Strength

Global Stocks Edge Higher, But Bond Yields, Oil Prices May Test Market Strength