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Fiat Chrysler meets FY guidance as North America offsets weak Latam
2015-01-29 12:04:28| IT Services - Topix.net
The world's seventh-largest carmaker, which moved its primary listing to New York in October and is due to spin off luxury unit Ferrari later this year, reported operating profit adjusted for unusual items of 3.65 billion euros. This compares with a guidance range of between 3.6-4.0 billion euros and an analyst forecast of 3.4 billion euros, according to Thomson Reuters SmartEstimate.
Tags: north
america
north america
meets
Fiat Chrysler profits drop but outlook brightens
2015-01-28 18:50:50| Automakers - Topix.net
The cost of buying the final stake of Chrysler weighed on the newly merged Fiat Chrysler Automobile's profits in the fourth quarter, but CEO Sergio Marchionne said Wednesday that the company is turning itself around.
Tags: drop
outlook
profits
chrysler
Fiat Chrysler to boost spending with 20 new models
2015-01-18 16:46:02| Automakers - Topix.net
The carmaker, created last year by the merger of Fiat with its United States unit, plans to boost sales to over 5 million cars in 2015, the chief executive officer said. Photo - Bloomberg News Milan: Fiat Chyrsler will boost spending in the next two years as the carmaker plans to sell 20 new models by 2016, including the Maserati Alfieri sportscar and two new Alfa Romeos.
Tags: models
spending
boost
chrysler
Fiat Chrysler wants to collaborate with others on new vehicles: CEO
2015-01-12 23:51:02| Automakers - Topix.net
Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on the United States to ease fuel economy targets for 2025. "I think costs ... well in excess of what I consider a mature industry to be able to afford," Marchionne told reporters at the Detroit auto show on Monday.
Tags: vehicles
ceo
chrysler
fiat
5 questions for Fiat Chrysler CEO Sergio Marchionne
2015-01-12 20:46:21| Automakers - Topix.net
The family-hauling minivan is not dead in the eyes of Fiat Chrysler CEO Sergio Marchionne, who says he hopes to roll out a new one at next year's North American International Auto Show in Detroit. Marchionne, speaking to reporters at the show, also said auto stocks are valued low by the markets because companies spend too much money building engines, transmissions and other items that could be consolidated.
Tags: questions
ceo
chrysler
fiat
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