North America profit helps Fiat Chrysler limit its losses from coronavirus

North America profit helps Fiat Chrysler limit its losses from coronavirus

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Italian-American automaker Fiat Chrysler Automobiles (FCA) posted a smaller-than-expected operating loss in the second quarter, as a small profit in North America helped to limit the damage wrought by the COVID-19 pandemic. FCA said on Friday it made an adjusted loss before interest and tax of 928 million euros (838.3 million pounds) in April-June, versus a forecast 1.87 billion euro loss in an analyst poll compiled by Reuters. The group also said it made adjusted earnings b

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North America profit helps Fiat Chrysler limit its losses from coronavirus originally appeared on Autoblog on Fri, 31 Jul 2020 08:32:00 EDT. Please see our terms for use of feeds.

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