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7/31/19

Fiat Chrysler's profit boosted by Ram and Jeep in North America

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MILAN/DETROIT (Reuters) - Automaker Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics

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Fiat Chrysler's profit boosted by Ram and Jeep in North America originally appeared on Autoblog on Wed, 31 Jul 2019 12:00:00 EDT. Please see our terms for use of feeds.

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