Group FCA – In the second quarter lost 1 billion euros, burned 4.9 billion

The
pandemic of the coronavirus has the account to the group Fiat-Chrysler. The
manufacturer of Italian-american has, in fact, suffered in the second quarter
heavy decline in sales and revenues, and has therefore closed the period strong
loss. Furthermore, the effects of a health crisis and in particular the closure
plants and dealerships, have led the group to burn the cash levels
unprecedented. The quarterly reserve, however, also positive news: the North
America has remained positive at the operating level and the red of the budget
revealed the best one of the market’s expectations.

 
IN THE UPDATE

Source: Quattroruote.en – Edited by Anthon K.