StaffAllpar HomeMore NewsCarsTrucksUpcomingRepairsTest drives

North America drove FCA profits

by Bill Cawthon on

North America remained the primary profit engine for Fiat Chrysler Automobiles in the second quarter of 2015, according to results reported this morning.

In North America, sales were up 8%; earnings more than doubled, rising from $650 million to $1,450 million ($1.5 billion) in the second quarter of 2014.

FCA US sold 677,000 vehicles in the U.S., Canada, and Mexico between April 1 and June 30. North American profit margins increased from 4.9% to 7.7%.


The Chrysler 200 and Jeep Renegade were major factors in that growth; positive net pricing, with a reduction in dealer discounts, helped increase profit margins.

Deliveries 1,193,000 1,181,000 +1%
Revenues (millions) $31,905 $25,489 +25%
EBIT (millions) $1,666 $1,057 +58%
Net Profit (millions) $361 $223 +62%
North America (U.S., Canada, Mexico)
Deliveries 682,000 647,000 +5%
Revenue (millions) $18,774 $13,393 +40%
EBIT (millions) $1,058 $650 +63%
North American Contribution to Worldwide Results
Deliveries 57% 55% +2%
Revenue 59% 53% +6%
EBIT 64% 61% +2%
Margins 7.7% 4.9% +3%

The Europe, Middle East, and Africa (EMEA) region was the second-largest profit center, with sales of 322,000 vehicles, a gain of 13%. EMEA profit was around $62 million on revenues of just over $6 billion. However, slowing sales in China and an implosion in Argentina and Brazil hurt results from other regions.

Deliveries in China fell by 15%, to 46,000; earnings plunged 57%, from $120 million to $51.3 million, from the same quarter in 2014, despite flat revenue of $3.3 billion.

Earnings in Latin America swung from a $69 million profit to an $86 million loss as sales tanked, down 32%. Revenue dropped 15%, to $2 billion.

Worldwide earnings hit $1.67 billion, up from $1.06 billion a year ago, as deliveries rose to 1,1193,000 cars and trucks. Net income grew to nearly $361 million.

Fiat Chrysler raised its full-year forecast to around 4.8 million vehicles and predicts over $4.9 billion in earnings, slightly higher than their prior estimate of $4.48 to $4.9 billion. Net revenue is seen as growing to $120 billion, increasing 2% from earlier guidance. Industrial debt is projected to remain unchanged at $8.2 to $8.7 billion.

FCA shares (FCAU) were up by $0.68 to $15.20 on the NYSE this morning.

Bill Cawthon grew up in the auto industry in the 1950s. His Dad worked for Chrysler and Bill spent a number of Saturdays down on the plant floor at Dodge Main in Hamtramck. Bill is also the U.S. market correspondent for, a British auto industry publication, and a member of the Texas Auto Writers Association, which has named the Jeep Grand Cherokee the “SUV of Texas” several times and named the Ram 1500 as the “Truck of Texas” two years running.

Bill has owned five Plymouths (including the only 1962 “Texan”), one Dodge and one Chrysler and is still trying to figure out how to justify a Wrangler. He also has owned at least one of every 1:87 scale model of a Chrysler product. You can reach him directly at (206) 888-7324 or by using the form.

Know & Go screens
Employees created new FCA US app—first available to Ram TRX

Newest Ram Built to Serve models honor the U.S. Air Force

Former Ram chief engineer Michael J. Cairns

More Mopar Car
and Truck News

Some popular Allpar pages

Dodge Demon

2018 Wrangler JL

Staff details/contactsTerms of ServiceInformation is presented to the best of our knowledge. Plans change and sometimes mistakes are made. Decisions or purchases made based on this site's verbiage or images are done at the reader's own risk. Also see the Allpar News archives, 1997-2008 • Copyright © VerticalScope Inc. All rights reserved. • Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Fiat Chrysler Automobiles.