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Fiat Group Posts Slim €31 Million Profit in Q1
The Fiat Group in Turin today posted Q1 profits of €31 million or about $40 million with revenues of €20 billion from worldwide shipments of more than 1 million vehicles. Continue reading
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, chrysler group, fiat group, Ken Zino
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Chrysler Group Q1 Profits Drop to $166 million
Chrysler Group today reported its 2013 Q1 results of $166 million in profits on revenue of $15.4 billion, off 6% from $16.4 billion one year ago. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, chrysler group, Fiat, fiat group, Ken Zino, uaw veba
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Antonio Filosa New Stellantis CEO
Stellantis will now hold an Extraordinary Shareholder Meeting, which will be called in the coming days for Antonio Filosa to be elected to the Board to serve as an executive director of the Company. “Meanwhile, to give him full authority and ensure an efficient transition, the Board has granted him CEO powers effective June 23.”
John Elkann will continue in his role as Executive Chairman when Antonio Filosa takes up his position as Chief Executive Officer on June 23. At that time, Antonio Filosa will also announce Stellantis’ new leadership team. Continue reading →