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Fiat Chrysler Doubles Profits In 2017

Fábrica da Fiat Chrysler Automobiles (FCA)

Italian-US carmaker Fiat Chrysler said Thursday that its net profit nearly doubled in 2017, outpacing analysts’ expectations, but it downgraded its sales target for the current year. Fiat Chrysler said in a statement that net profit soared by 93 percent to 3.5 billion euros ($4.3 billion) last year. In the fourth quarter alone, net profit nearly…


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