Marchionne Enters Final Push to Free Fiat Chrysler From Debt

The company is repairing its highly levered balance sheet

read more: His strategy update will be a closely watched presentation next week at the Detroit motor show

 

Read More »

Fiat Chrysler reports $659M profit in 3Q

FCA also took a $162 million (149 million euro) hit from “a recall for which there is ongoing litigation with a component supplier.”

read more: FCA feels the supplier has responsibility for the recall.

Read More »

Fiat finds $1 billion in savings from unlocking Chrysler’s cash

CEO Sergio Marchionne has found a way to cut borrowing costs

read more: and help fund an expansion by tapping into Chrysler’s cash.

Read More »

FCA US earns $2.6 billion in Q1

Fiat Chrysler Automobiles on Thursday reported a $2.6 billion profit for its FCA US LLC division for the first quarter of the year.

read more: Net revenue for the first quarter was $20.9 billion

Read More »

Fiat Chrysler earns $718 million in 2014

Fiat Chrysler Automobiles NV on Wednesday reported a profit of 632 million euro (about $718 million) in 2014

read more: Down from 2013 but in line with its full-year guidance.

Read More »

FIAT GROUP REPORTS FIRST QUARTER REVENUES UP

12% AT €22.1 BILLION AND TRADING PROFIT AT €0.6 BILLION, UP 6% ON A CONSTANT CURRENCY BASIS.

NET INDUSTRIAL DEBT CLOSED AT €10 BILLION,

Read More »

Fiat CEO Marchionne Says Quarterly Profit to Rise on U.S.

Chief Executive Officer Sergio Marchionne predicted first-quarter earnings will rise amid “strong” industrywide demand this month in the U.S

read more: Business in the U.S. is going well

Read More »