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Fiat Chrysler earnings down on poor Latin American results

2016-01-27 15:53:51| Automakers - Topix.net

Carmaker Fiat Chrysler said Wednesday it would revise its five-year business expansion plan after reporting a 40 per cent drop in earnings last year due to a poor performance in Latin America and Asia and flat global sales. The Italian-American carmaker reported 2015 net profit of 377 million euros , down from 632 million euros a year earlier and lagging analyst expectations of 540 million euros.

Tags: results american poor latin

Category:Automotive

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