moparnut
Administrator
Fiat Chrysler Automobiles today reported record second quarter earnings of $2.18 billion, an increase of 15% over the second quarter of 2016. Adjusted net profit rose 52% to $1.26 billion on revenues of $32.7 billion.
The company credited Maserati as a major contributor to the growth in profitability. Profits at FCA’s premium brand rose by 14%.
Margins rose to a record of nearly 7% in Q2.
Read the full story: Margins + flat sales = profit »
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The company credited Maserati as a major contributor to the growth in profitability. Profits at FCA’s premium brand rose by 14%.
Margins rose to a record of nearly 7% in Q2.
Read the full story: Margins + flat sales = profit »
More...