moparnut
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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 and tax. Net profit rose to $1.1 billion, and adjusted operating profit margin was also up, to eight percent from 7.6 percent a year ago, the company said Tuesday.
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North American sales, deliveries and profits drove the bulk of the quarterly results, which were adjusted and before interest and tax. Net profit rose to $1.1 billion, and adjusted operating profit margin was also up, to eight percent from 7.6 percent a year ago, the company said Tuesday.
Read the full story: FCA profits jump to $2.1 B »
More...