North American sales will help Fiat Chrysler
Automaker Fiat Chrysler Automobiles in the third quarter, especially in North America done good business. There was a sales up, mainly due to the popularity of pick-ups and more expensive Jeep models. In Asia had the automaker suffered from the weakening Chinese market.
Worldwide produced by Fiat Chrysler in the third quarter, three percent more cars. Also sold the automaker in more expensive cars. That led us on an annual basis to a turnover increase of nine per cent to 28.7 billion euros. The net profit fell to 564 million euros, inter alia, by a one-off charge of eur 700 million for a Us case around sjoemeldiesels. Adjusted net income went, however, with more than half of the up to 1.4 billion euros.
Fiat Chrysler Automobiles) reaffirmed its sales and profit forecasts for the whole year. Also, the company is well known for 2 billion euro special dividend to be paid out. The additional distribution to shareholders is possible by the recently announced sale of car-onderdelenmaker Magnetti Marelli for 6.2 billion euros.