Fiat Chrysler profit up 25% in 2Q, up 181% in first half  [ USA ] [ Italy ]

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 the production plan change in NAFTA. Net profit for the first half of 2016 was...
<Aug 03, 2016>