Fiat Chrysler Profits Leap To $540 Million In First Quarter

Fiat Chrysler Automobiles NV reported a net profit of 478 million euros ($539.4 million) for the first quarter of this year.

The automaker’s profits were up 451 million euros ($508.9 million) from the the first three months of 2015 thanks to a strong performance in North America and Europe. All of its regions were profitable, although Asia-Pacific and its luxury Maserati operations were down from the first quarter of 2015.

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dumpsty - 4/26/2016 10:20:03 AM

+3 Boost

Just think, if the Chrysler brand had both a mid- & full-size SUVs...they'd probably quadrupled their quarterly profits by this point in time. But anyhoo.....

Dodge has the Durango & Journey currently. But if the sporty mainstream brand had Grd Cherokee sized SUV & a more competitive update for the Journey, they'd be overflowing with net profits as well. Dodge could even use something like the Kia Soul with aggressive interior options to keep youth-oriented consumers interested.

TomM - 4/26/2016 6:33:18 PM

+3 Boost

The problem is - with the Chrysler BRAND - they never were known for Suv's - most dealers in the USA were Chrysler/Plymouth/Jeep. In reducing the Mini-van to ONE brand - FCA has shown it has no interest in lots of Brands that essentially compete with each other - and actually reduce profitability. That is why they want to reduce Dodge to performance cars - and make Chrysler an entry level (IE Ford Chevy) competition. SImply too Many names to support.

MDarringer - 4/26/2016 7:42:56 PM

0 Boost

@TomM this is 2016 not 1956. Chrysler may not be known for its SUVs but if it is to remain a brand, It DESPERATELY needs crossover/softroaders ASAP NOW TOMORROW.

A Chrysler Town and Country pulled from the Cherokee would be a good start.

A Chrysler Mojave pulled off the Pacifica would be another good move.

Softroaders would be a great addition to trail-focused Jeeps