Fiat-Chrysler

 Fiat-Chrysler

Country of Origin: Italy, USA

Unit Sales: 4.86 million

Number of Employees: 235,201

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After a solid North American sales performance in 2017, Fiat–Chrysler saw its 2018 Q2 profits drop 40 percent over the same period last year. The dip was not due to lagging sales but rather to a one-off €700-million charge to deal with any future settlement stemming from emissions violations in Ram pickups and Jeep Grand Cherokees from 2014–2016. In 2015, Fiat/Chrysler was issued a $105 million penalty by the U.S. National Highway Traffic Safety Administration for failing to complete 23 safety recalls covering more than 11 million vehicles.

The North American division has been easily outperforming its European and Asia-Pacific counterparts. Increased competition in China and pricing pressure in Europe were cited for the lagging sales in those regions. Even still, North American sales boosted total sales to a 3 percent increase in 2017.

After a solid North American sales performance in 2017, Fiat–Chrysler saw its 2018 Q2 profits drop 40 percent over the same period last year. The dip was not due to lagging sales but rather to a one-off €700-million charge to deal with any future settlement stemming from emissions violations in Ram pickups and Jeep Grand Cherokees from 2014–2016. In 2015, Fiat/Chrysler was issued a $105 million penalty by the U.S. National Highway Traffic Safety Administration for failing to complete 23 safety recalls covering more than 11 million vehicles.

The North American division has been easily outperforming its European and Asia-Pacific counterparts. Increased competition in China and pricing pressure in Europe were cited for the lagging sales in those regions. Even still, North American sales boosted total sales to a 3 percent increase in 2017.