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FCA US reports first quarter financial results

FCA US reports first quarter financial results

Fiat Chrysler Automobiles NV, the seventh-largest automaker in the world, had its US subsidiary change its name from Chrysler Group LLC to FCA US, with the latter reporting now on the financial results of the first quarter. Last year Italy’s Fiat SpA and its US subsidiary Chrysler Group LLC merged […]

Fiat Chrysler still mulling industry consolidation

Fiat Chrysler still mulling industry consolidation

During the recent conference call on first quarter earnings, the Fiat Chrysler officials reiterated their pledge for deeper cooperation among the major players in the auto industry, in a bid to bring more industry consolidation. Fiat Chrysler Automobiles chief executive officer Sergio Marchionne has reiterated its long-running idea that the […]

FCA first quarter profit increases 22 percent

FCA first quarter profit increases 22 percent

Fiat Chrysler Automobiles, the world’s seventh largest carmaker, recently reported its first quarter profit jumped 22 percent, mostly in line with analyst expectations, though some industry experts still argue the company has debt issues. FCA NV, the company created last year when its chief executive officer Sergio Marchionne manged to […]