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Month: May 2019

FCA Q1 profit falls 29% on weaker sales, revenue

FCA Q1 profit falls 29% on weaker sales, revenue

Fiat Chrysler’s adjusted operating profit fell 29 percent in the first quarter as sales slowed in North America and Europe. It still expects adjusted 2019 earnings to total more than 6.7 billion euros, as the Jeep Gladiator pickup and heavy-duty Ram truck boost second-half profits.

Jaguar Land Rover CEO outlines revival plan

Jaguar Land Rover CEO outlines revival plan

Jaguar Land Rover’s current problems are weighing heavily on its Indian parent company. There is even speculation that Tata Motors is looking into strategic options, including a sale of the British brands. JLR CEO Ralf Speth discussed these topics and more with Automotive News sister publication Automobilwoche.