New pick-ups has done a favor for Chrysler profits


Automaker Fiat Chrysler did good business in the second quarter. The company increased its profit in the period. Particularly in North America, the successful introduction of new pick-ups from the Ram and Jeep brands helped. Turnover did fall.

The profit increased by 14 percent to 793 million euros. With Ram’s new heavy pickup and the Jeep Gladiator pickup, the company had two wagons in the stable that sold well in North America. The Italian-American company generated 26.7 billion euros in revenue from car sales. That was 3 percent less than a year earlier.

The number of cars delivered was considerably lower. The disposal of stocks at the dealers in North America played an important role in this. That involved around 80,000 cars. In Europe, the company also scrapped a number of car models such as the Alfa Romeo Mito and the Fiat Punto.

Fiat Chrysler remains confident that it can meet its expectations for the whole of 2019 after the said strong second quarter.

By: Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts


About us

EconomicInform, is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.