Fiat Chrysler fourth-quarter beats expectations on strong North America

January 27, 2016 10:55 AM

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Fiat Chrysler fourth-quarter beats expectations on strong North America

MILAN Fiat Chrysler Automobiles (FCHA.MI) on Wednesday reported better-than-expected rise in fourth-quarter operating profit as strong results from North America and improving operations in Europe offset weakness in Latin America and Asia.

The world's seventh-largest carmaker said adjusted operating profit for the October-December period rose to 1.64 billion euros ($1.78 billion) from 1.18 billion the previous year and compared with an analyst consensus forecast of 1.3 billion euros. Sales rose percent to 30.1 billion euros from 27.1 ...

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