Fiat Chrysler reports strong performance in 2017

Source: Xinhua| 2018-01-26 04:03:55|Editor: Chengcheng
Video PlayerClose

CHICAGO, Jan. 25 (Xinhua) -- The Italian-American automaker Fiat Chrysler Automobiles (FCA) reported on Thursday strong financial performance in 2017, with its net profit nearly doubled.

FCA said high-margin trucks and SUVs helped push its net profit up by 93 percent from 2016 to nearly 4.35 billion U.S. dollars, even as overall sales dropped 8 percent.

The FCA US has announced that it will make average profit sharing payments of 5,500 dollars to eligible employees.

Sergio Marchionne, the CEO of FCA, expressed that he was pleased with the company's financial performance in 2017, as the automaker was making continuous progress on a five-year strategic plan since 2014, designed to boost the company's presence globally and improve its profits.

On Wednesday, Ford Motor Company reported its 2017 net income as 7.6 billion U.S. dollars, up 65 percent from 2016.

However, the company's overall adjusted pre-tax profit dropped 1.9 billion from 2016 to 8.4 billion U.S. dollars, dragged down by its automotive segment, which suffered a drop of 2.2 billion in pre-tax profit from a year ago.

In contrast, Ford Credit showed a better performance in 2017, with a pre-tax profit increase of 23 percent from the previous year to 2.3 billion U.S. dollars.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369251651
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲精品亚洲人成在线 | 香蕉国产精品偷在看视频 | 亚洲成色在线综合网站免费 | 久久免费久久爰精品 | 中文AV高清不卡在线 | 日韩在线一本三区四区 |