The multinational carmaker is aiming to rapidly expand locally through restructuring, dealer consolidation and new vehicles.
Fiat Chrysler Automobiles (FCA) is the seventh-largest automaker in the world. But before the global merger of the Fiat and Chrysler businesses in 2014, Fiat was on the brink of failure and Chrysler was on the edge of collapse.
Nowadays it is a different story, with much of the turnaround in the group’s fortunes attributed to the late CEO of FCA, Sergio Marchionne. FCA’s 2018 third-quarter results show a year-on-year increase of 10 basis points in worldwide market share and a 2.7% increase in sales volumes. And Moody’s has recently raised its outlook on the group from positive to stable.
The Jeep brand has experienced a 67% year-on-year increase in European sales, the Fiat Panda 500 continues to dominate the region’s A-segment, and globally Alfa Romeo sales are up 7.6%.
Bu hikaye Finweek English dergisinin 6 December 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Finweek English dergisinin 6 December 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
THE HEALTH OF SA'S MEDICAL SCHEMES
As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.
The effect of Gilbertson's departure
With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.
Making money from music
Why investors are increasingly drawn to the music industry.
Conviction is key
Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.
The post-pandemic toolkit
How CFOs can use technology to support growth.
Big city living exodus
Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.
Big compact, big value
Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.
On barriers to entry
There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.
Fear and greed in one index
To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.
Africa's largest data centre facility coming soon
Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.
