Fiat Chrysler posts loss amid merger deal with Peugeot

Fiat Chrysler posts loss amid merger deal with Peugeot

Fiat Chrysler Automobiles, which has announced a deal to merge with France’s PSA Peugeot, has reported a third-quarter loss despite record earnings in North America. The Italian-American carmaker on Thursday reported a loss of 179 million euros due to weaker performance in Europe and by its luxury Maserati division. That compares with a net profit of 564 million euros in the same period in 2018.

Tom A
Tom A
Top in Business
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