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Fiat Chrysler U.S. arm's profit hurt by charges
2015-11-05 19:28:09| Automakers - Topix.net
The U.S. arm of Fiat Chrysler Automobiles NV said its third-quarter profit dropped nearly 90% as charges for recalls and other costs masked the financial strength the company continues to draw from its sales of Jeep sport-utility vehicles and Ram pickup trucks in its home market. Net income was $70 million compared with $611 million for the same period a year earlier as revenues rose 5% to $21.8 billion.
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Category:Automotive