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Fiat Chrysler Reports Loss of Over $1 Billion, but Says North America is Profitable

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Fiat Chrysler Reports Loss of Over $1 Billion, but Says North America is Profitable

Fiat Chrysler Automobiles (NYSE: FCAU) reported second quarter results today, recording a net loss of approximately $1.25 billion in a period heavily impacted by the COVID-19 pandemic. Nevertheless, the automaker was profitable in North America for the quarter, with demand exceeding expectations and with improving retail market share in the U.S.

Source Fool.com

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