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Fiat Chrysler falls to loss amid cost of recalls

2015-10-29 16:54:04| Automakers - Topix.net

Fiat Chrysler Automobiles NV said Wednesday it swung to a net loss of 306 million euros in the third quarter as it recalculated the cost of a huge recall campaign in North America. Fiat Chrysler increased by 761 million euros the estimated cost of future recalls in the United States and Canada after revising its actuarial method.

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