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Fiat Chrysler resists crisis with net profit of 24 million euros in 2020

2021-03-03T08:16:46.149Z


The Italian-American manufacturer Fiat Chrysler (FCA) announced on Wednesday that it recorded a net profit of 24 million euros in 2020, a sign that the group has withstood the crisis in the automotive sector caused by the coronavirus pandemic. Read also: United States: Fiat Chrysler fined for paying bribes to trade unionists This profit is nevertheless significantly lower than that recorded in 2


The Italian-American manufacturer Fiat Chrysler (FCA) announced on Wednesday that it recorded a net profit of 24 million euros in 2020, a sign that the group has withstood the crisis in the automotive sector caused by the coronavirus pandemic.

Read also: United States: Fiat Chrysler fined for paying bribes to trade unionists

This profit is nevertheless significantly lower than that recorded in 2019, which was 2.7 billion euros.

In the fourth quarter, the profit of FCA, which merged in mid-January with its French counterpart PSA, reached 1.56 billion euros, down 1%.

Source: lefigaro

All business articles on 2021-03-03

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