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Fiat Chrysler posts surprise quarterly loss on recall costs

Friday, October 30, 2015 - 05:50

Mr Marchionne has pushed for more car-industry consolidation to share technology investments and boost returns.


FIAT Chrysler Automobiles NV (FCA) reported an unexpected third-quarter net loss after one-time charges stemming from handling a US recall wiped out earnings gains from the company's Italian-made Jeep sport utility vehicle.

The loss totalled 306 million euros (S$470.9 million

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