Wrangler pickup confirmed; FCA profits

moparnut

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Fiat Chrysler chief Sergio Marchionne confirmed that a Wrangler pickup has been confirmed and will be built, speaking today in front of select media.The pickup is to appear by the end of 2017, indicating a faster schedule than somehad anticipated.
The live-streamed event is currently being broadcast without sound.
Mr. Marchionne told Reuters earlier today thatFCAhad an adjusted operating profit of around $5 billion, and should see its net debt drop. Mr. Marchionne said the year was above expectations.
Mr. Marchionnerefused to confirm the 2018 goal of selling seven million cars, while adding that they would meet their financial targets, including eliminating its net industrial debt. (...) →


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