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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

 

Fiat Chrysler denies allegations of false sales reporting

2016-01-14 21:47:28| Automakers - Topix.net

Fiat Chrysler is denying allegations that it encourages dealers to falsely report sales to boost monthly totals that are released to the public and investors. The accusations came in a federal lawsuit filed this week by Napleton's Arlington Heights Motors, a Chicago-area dealership group.

Tags: sales reporting false chrysler

 

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