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Net profit of Fiat Chrysler Automobiles (FCA) increased by 3% in 2018 and amounted to 3.63 billion euros, according to company reports. Earnings per share reached 2.3 euros versus 2.4 euros per share a year earlier. FCA increased revenue by 4% to 115.41 billion euros. In the fourth quarter, the company was able to increase its profits by 1.6 times against the value of last year - to almost 1.3 billion euros. Diluted earnings per share reached 0.82 euros, while last year the figure was 0.51 euros. FCA increased revenues by 6% for the quarter to 30.62 billion euros. The company's sales in 2018 amounted to 4.84 million vehicles - 2% more than last year. According to FCA, earnings in 2019 will exceed 2.7 euros per share.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
Italy’s Treasury announced on Wednesday the state’s approval to a 6.3 billion euro ($7.1 billion) loan to Fiat Chrysler, directed to its unit in Italy. This is the largest crisis loan granted to any auto firm to date. The announcement ...
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