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North America profit helps Fiat Chrysler limit its losses from coronavirus

AMB News Reporter

News Reporter
Filed under: Earnings/Financials,Chrysler,Fiat

Italian-American automaker Fiat Chrysler Automobiles (FCA) posted a smaller-than-expected operating loss in the second quarter, as a small profit in North America helped to limit the damage wrought by the COVID-19 pandemic. FCA said on Friday it made an adjusted loss before interest and tax of 928 million euros (838.3 million pounds) in April-June, versus a forecast 1.87 billion euro loss in an analyst poll compiled by Reuters. The group also said it made adjusted earnings b
Continue reading North America profit helps Fiat Chrysler limit its losses from coronavirus

North America profit helps Fiat Chrysler limit its losses from coronavirus
originally appeared on Autoblog on Fri, 31 Jul 2020 08:32:00 EDT. Please see our terms for use of feeds.

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Reuters

 

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