Fiat returns to profit in Q1 (AP)
MILAN – Italian maker Fiat Spa says first-quarter profits were euro29 meg ($41.5 million), compared with a loss a assemblage earlier, on accumulated income of wealth brands and strong action in the components business.
Fiat, which controls Chrysler with a 30 proportionality stake, on weekday reportable revenues chromatic 7 proportionality to euro9.2 billion. Luxury sort Ferrari and the Magnetti Marelli components playing saw double-digit gains.
Fiat's Group Autos, which makes cars low the Fiat, Alfa lover and Lancia brands, saw a 2.6 proportionality process in revenues to euro7 billion. The success of the Alfa lover Giulietta and reddened advertizement container income like vans equilibrize weaker income for passenger cars.
It is Fiat's prototypal quarterly earnings inform since the spinoff of the industrialized organisation in January.
Shares chromatic 3.42 proportionality to euro6.48.
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MILAN (AP) — Italian maker Fiat Spa says first-quarter profits were euro29 meg ($41.5 million), compared with a loss a assemblage earlier, on accumulated income of wealth brands and strong action in the components business.
Fiat, which controls Chrysler with a 30 proportionality stake, on weekday reportable revenues chromatic 7 proportionality to euro9.2 billion. Luxury sort Ferrari and the Magnetti Marelli components playing saw double-digit gains.
Fiat's Group Autos, which makes cars low the Fiat, Alfa lover and Lancia brands, saw a 2.6 proportionality process in revenues to euro7 billion. The success of the Alfa lover Giulietta and reddened advertizement container income like vans equilibrize weaker income for passenger cars.
It is Fiat's prototypal quarterly earnings inform since the spinoff of the industrialized organisation in January.
Shares chromatic 3.42 proportionality to euro6.48.
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