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Fiat Chrysler profit up 25% in 2Q, up 181% in first half

FCA closed Q2 with net profit at EUR 321 million, up 24.9% compared with Q2 2015. Net revenues decreased by 2.3% to EUR 27.9 billion. EBIT was EUR 1,060 million, down 13.5%, due to an expansion of the Takata airbag inflator recalls announced in May 2016 (EUR 414 million) and the costs related to the implementation of....

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