As Sergio Marchionne desperately searches for a partner for Fiat Chrysler, his company boasts first quarter adjusted net profit of 528 million euros, or $595 million, compared with just 31 million euros ($34.9 million) in the first quarter of last year. The net profit raised FCA’s Standard & Poor debt rating to a “BB” from...
The post
Fiat Chrysler Reports $595-Million First Quarter Profit appeared first on
Automobile.
More...