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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 […]

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 […]

Hyundai reports declining first quarter profit

Hyundai reports declining first quarter profit

Hyundai Motor, South Korea’s largest automaker and the fifth biggest in the world when taken together with affiliate Kia Motors, recently reported its profits during the first three months have fallen for the fifth straight quarter. The fifth consecutive profit slump at the carmaker was triggered by rising incentives in […]