Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it heads into a merger with France’s PSA . The Italian-American carmaker said adjusted earnings before interest and tax (EBIT) rose to 2.12 billion euros ($2.3 billion), in line with a 2.11 billion forecast in Reuters poll of analysts. A trader said Fiat Chrysler (FCA) results were “a touch above” expectations and the carmaker’s shares in Milan were up 3.4% at 1300 GMT following the results. …read more
Source:: Yahoo Finance
