The Traderszone Network

Published in TZ Latest News 26 January, 2017 by The TZ Newswire Staff

Why Fiat Chrysler Automobiles’ Profit Soared in 2016

Italian-American automaker Fiat Chrysler Automobiles NV (NYSE: FCAU) said on Jan. 26 that it earned a net profit of 1.8 billion euros ($1.9 billion) in 2016, up from just 93 million euros ($100 million) in 2015, on increasing profit margins in North America and Europe driven by strong SUV and truck sales. 

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