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Fiat Chrysler beats on earnings thanks to the boom in US auto sales

2016-01-27 18:39:24| Auto Dealers - Topix.net

Fiat Chrysler Automobiles on Wednesday reported better-than-expected rise in fourth-quarter operating profit as strong results from North America and improving operations in Europe offset weakness in Latin America and Asia. The world's seventh-largest carmaker said adjusted operating profit for the October-December period rose to 1.64 billion euros from 1.18 billion the previous year and compared with an analyst consensus forecast of 1.3 billion euros.

Tags: us auto sales earnings

 

Fiat Chrysler earnings down on poor Latin American results

2016-01-27 15:53:51| Automakers - Topix.net

Carmaker Fiat Chrysler said Wednesday it would revise its five-year business expansion plan after reporting a 40 per cent drop in earnings last year due to a poor performance in Latin America and Asia and flat global sales. The Italian-American carmaker reported 2015 net profit of 377 million euros , down from 632 million euros a year earlier and lagging analyst expectations of 540 million euros.

Tags: results american poor latin

 
 

Fiat Chrysler has a huge looming problem because it's selling...

2016-01-20 23:39:56| Automakers - Topix.net

Registration will allow you to post comments on ctpost.com and create a ctpost.com Subscriber Portal account for you to manage subscriptions and email preferences. Fiat Chrysler Automobiles may be running into an emissions dilemma of its own, but for completely different reasons from Volkswagen.

Tags: its problem huge selling

 

Fiat Chrysler Says 'Uncertainty' in Auto Segment Pushing Shares Lower

2016-01-20 02:28:01| Auto Dealers - Topix.net

Sergio Marchionne, Fiat's chairman and CEO, said the fall in Fiat Chrysler shares is part of an overall weakness in the automotive segment due to uncertainty about subjects like emission regulations, connectivity and autonomous driving technology. Several prominent analysts have said Fiat Chrysler's goals are unrealistic.

Tags: auto lower shares segment

 

Fiat Chrysler accused of inflating sales by two US-based automobile dealers

2016-01-15 20:23:35| Auto Dealers - Topix.net

Shares in Fiat Chrysler Automobiles tumbled in Milan and New York on Thursday after two U.S. dealerships filed a lawsuit accusing the carmaker of inflating U.S. car sales.

Tags: sales automobile dealers chrysler

 

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