moparnut
Administrator
Last week,Fiat Chrysler as a whole reported a third-quarter net loss, partlydue to a large reserve set aside for recall costs. However, North American revenue had risenby 35%, its adjustedprofit marginrose to 6.1%, and profits before interest and taxes (EBIT) rose to$1.31 billion.
Today, FCA US LLC reported its own numbers for the United States. FCA US is essentially the old Chrysler Corporation / Chrysler Group plus the North American operations of Fiat and Alfa Romeo (not Maserati).
Net prices rose as the company was able to discount its cars less, and reduced dealer discounts. However, industrial costs rose due to more recalls and higher vehicle costs (as content was increased). (...) →
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Today, FCA US LLC reported its own numbers for the United States. FCA US is essentially the old Chrysler Corporation / Chrysler Group plus the North American operations of Fiat and Alfa Romeo (not Maserati).
Net prices rose as the company was able to discount its cars less, and reduced dealer discounts. However, industrial costs rose due to more recalls and higher vehicle costs (as content was increased). (...) →
More...