Search Results for ‘financials’

This is the fifth year of record results for FCA, with an adjusted earnings before interest and taxes (EBIT) of €7.3 billion, and a net profit of €3.6 billion. (One euro is currently equal to $1.13, so the net profit is  around $4 billion.) CEO Mike Manley said that the company will probably...

While most attention was focused on the new Ram pickups, Fiat Chrysler CEO Sergio Marchionne said the company could hit a major milestone by mid-2018. After years of being heavily debt-laden, Fiat Chrysler Automobiles could be net cash positive by June, Marchionne told reporters at the North...

Better-than-expected third-quarter profits at Fiat Chrysler Automobiles rose 17 percent to $2.1 billion and debt was reduced despite lower sales and reduced revenues. North American sales, deliveries and profits drove the bulk of the quarterly results, which were adjusted and before interest...