Dodge News
Fiat Chrysler posts record Q3 profit thanks to U.S. trucks and Jeep
A rebound in car production in Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of 1.2 billion ($1.4 billion). The carmaker reported adjusted earnings before tax and interest in North America of 2.5 billion euros.
Fiat Chrysler will invest up to $1.5 billion to build EVs in Windsor
The auto union said FCA would invest in a state-of-the-art vehicle platform that will enable the assembly of plug-in hybrid and battery electric vehicles, with at least one new model in 2025. The announcement comes less than a month after Unifor said Ford Motor Co would invest C$1.95 billion ($1.46 billion) in its Oakville and Windsor plants.
We Obsessively Cover The Auto Industry
©2021 Verizon Media. All rights reserved.
Hi! We notice you're using an ad blocker. Please consider allowing Autoblog.
We get it. Ads can be annoying. But ads are also how we keep the garage doors open and the lights on here at Autoblog - and keep our stories free for you and for everyone. And free is good, right? If you'd be so kind as to allow our site, we promise to keep bringing you great content. Thanks for that. And thanks for reading Autoblog.
Hey again!
You still haven't turned off your adblocker or allowed our site. It only takes a few seconds.