FCA stock news

PSA's group net profit increased 13.2% to a record 3.2 billion euros, and the company increased its dividend against 2019 results to 1.23 euros per sh.. Read more
Le constructeur automobile PSA a annoncé mercredi avoir dégagé des bénéfices et des marges records en 2019, alors que le groupe se prépare à fusionner avec le groupe italo-américain Fiat Chrysler et… | 26 février 2020 Read more
Der französische Autobauer PSA strotzt vor der Fusion mit Fiat Chrysler vor Kraft. Trotz weltweit schwacher Konjunktur und hausgemachten Problemen in China war der Opel-Mutterkonzern im abgelaufenen Jahr profitabel wie nie. Die bereinigte operative Rendite im Autogeschäft kletterte um fast einen ganzen Prozentpunkt auf den Rekordwert von 8,5 Prozent, wie PSA am Mittwoch mitteilte. Read more
Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler,… | February 26, 2020 Read more
PSA, en cours de fusion avec Fiat Chrysler, a enregistré un bénéfice net en 2019 en hausse de 13,2 % à 3,2 milliards d’euros, malgré la baisse du marché automobile mondial. Read more
Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm underscored a gloomy outlook for car sales in markets like Europe this year as it pursues its merger with Fiat Chrysler . Read more
Le constructeur automobile français PSA, en cours de fusion avec Fiat Chrysler, a enregistré un bénéfice net inédit en 2019, en hausse de 13,2% à 3,2… | 26 février 2020 Read more
Le constructeur automobile PSA a annoncé mercredi avoir dégagé des bénéfices et des marges record en 2019, un exercice marqué par l'accord de fusion avec Fiat Chrysler à la fin de l'année. Groupe… | 26 février 2020 Read more

U.S. Car Industry Most Reliant On Chinese Parts

01:25am, Wednesday, 26'th Feb 2020
U.S. Car Industry Most Reliant On Chinese Parts As the COVID-19 crisis drags on, the epidemic’s economic impact is starting to be felt around the world. Due to China’s role in the global economy, the prolonged standstill in the country has the potential to disrupt supply chains for several key industries, including electronics , chemicals and automobiles. Considering that Wuhan , the outbreak’s epicenter, is often referred to as “China’s Motor City”, Statista's Felix Richter notes that the automotive sector is among the industries most exposed to the negative impact of the virus . Not only will Chinese production suffer a significant hit due to extended shutdowns, but many manufacturers around the world who rely on Chinese parts are facing production outages. "It only takes one missing part to stop a line," Mike Dunne, an industry consultant formerly heading GM’s operations in Indonesia, told CNN . Last week, Fiat Chrysler Automobiles (FCA) said it would be temporarily halting production at a plant in Kragujevac, Serbia due to a lack of parts from China, while Hyundai and Renault have done the same in South Korea. Read more

Tesla shares have dropped by $100 in 2 days

12:49am, Wednesday, 26'th Feb 2020
Despite the drop, Tesla's market cap is still greater than that of General Motors, Ford and Fiat-Chrysler combined. Read more
Chief Operating Officer for the EMEA region Pietro Gorlier, speaking during an event at FCA's plant in Pomigliano d'Arco near Naples where it produces.. Read more
La société MTA annonce la fermeture de son usine de production de Codogno, en Lombardie (Italie), à cause de l'épidémie de coronavirus. Si celle-ci perdure, plusieurs sites de grands constructeurs automobiles européens -Fiat Chrysler mais aussi Renault, BMW ou PSA-, pourraient être mis au chômage technique selon MTA. Read more
In another instance of severe Corporate Dishonesty, Fiat Chrysler Automobiles USA (henceforth FCA) attempts to weasel out of its Lifetime Powertrain Warranty responsibilities. Please take the… Read more
ATLANTA , Feb. 24, 2020 /PRNewswire/ -- Alfa Romeo will showcase the new 2020 model-year Stelvio and Giulia, both featuring best-in-class performance and seductive Italian style now coupled with a new infotainment system and premium interior enhancements Chrysler Pacifica and Pacifica Hybrid minivans offer unprecedented functionality and style for consumers Dodge//SRT shakes things up with the 797-horsepower 2020 Challenger SRT Hellcat Redeye Widebody FIAT brand display features the Fiat 124 Spider, the most affordable roadster in its class, and the Fiat 500X, a fun-to-drive Italian crossover with all-wheel drive Jeep® brand showcases the new 2020 Jeep Gladiator Mojave, the ultimate midsize pickup truck with high-speed off-road capability and performance in sand environments Ram Truck display offers full lineup, including the 2020 Ram Power Wagon and Ram Heavy Duty with a towing capacity of 35,100 pounds and a payload capacity of 7,680 pounds Popular outdoor driving experience returns with Drive FCA! Read more
Ferrari (NYSE:RACE) and Fiat Chrysler Automobiles (NYSE:FCAU) are down sharply after economic activity in Italy slows down amid the spike in coronavirus ca Read more

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