Fiat Chrysler Automobiles NV (FCAU) posted record operating profits in the third-quarter, riding a surge in demand for expensive pickups and a rebound in the U.S. auto market, where dealers are straining to keep inventories in stock. The Italian-American auto maker reported net profit of EUR1.2 billion for the third-quarter Wednesday, compared with a EUR179 million loss a year ago, as many of the company's plants resumed production this summer and buyers began returning to showrooms...
Scope of the report This press release features multimedia. This report provides a detailed analysis of the fatigue testing machine market by application and geography.
TrueCar, Inc. (TRUE), the most efficient and transparent way to find a car, is again teaming up with AutoNation, Americas largest and most recognized automotive retailer, and DAV for its DrivenToDrive program.
U.S. sales of high-margin pickup trucks and Jeeps hauled Fiat Chrysler back into the black in the third quarter following pandemic-related shutdowns, and the carmaker on Wednesday reinstated a profit forecast for 2020 that assumes no more disruption from a freshly resurgent COVID-19 outbreak.
Fiat Chrysler says in slides prepared for third quarter earnings presentation: * LAUNCHES OF THREE ALL-NEW JEEP VEHICLES IN 2021 ON TRACK. * AVAILABLE LIQUIDITY AMOUNTS TO 27.1 BILLION EUROS AS OF SEPT. 2020 Further company coverage:
Fiat Chrysler Automobiles NV (FCAU) said Wednesday that it swung to a third-quarter net profit, and provided guidance for the full year. The Italian-American car maker posted a net profit of 1.21 billion euros compared with a loss of EUR179 million for the same period the year prior. It posted adjusted earnings before interest and taxes of EUR2.28 billion compared with EUR1.96 billion a year earlier.
U.S. sales of high-margin pickup trucks and Jeeps hauled Fiat Chrysler back into the black in the third quarter following pandemic-related shutdowns, and the carmaker on Wednesday reinstated a profit forecast for 2020 that assumes no more disruption from a freshly resurgent COVID-19 outbreak.
The electric vehicle charging station market is expected to grow by USD 19.9 billion during 2020-2024, expanding at a CAGR of almost 34%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. This press release features multimedia.
The global methanol market size is expected to grow by USD 15.62 billion during 2020-2024, progressing at a CAGR of over 10% during the forecast period. This press release features multimedia. The increasing use of methanol as a transportation fuel is one of the major factors propelling market growth.
FARMINGTON HILLS, Mich. The COVID-19 pandemic may delay the arrival of autonomous vehicles, but the future remains bright for the autonomous vehicle industry. "Input from innovators and tech sector leaders will be vital for the success of AVs after the COVID-19 threat has passed," said Mike Szudarek, who leads the firm's automotive practice. Business as usual is no longer an option for OEMs.
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