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Fiat Chrysler muscles through, green shoots in North America

from Canadian Manufacturing

Fiat Chrysler muscles through, green shoots in North America Canadian Manufacturing Fiat Chrysler overcame coronavirus-related factory shutdowns to post losses that were not as bad as feared, and the company predicted improving conditions for the remainder of 2020. The Italian-American automaker lost just over $1.2 billion, (1.05 billion euros) but still made $46.2 million before taxes in North America, where it was forced to idle plants for about seven weeks. That sapped much of the revenue from its most profitable market. READ MORE

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