Fiat Chrysler raises outlook as Q2 profit jumps 70 percent - Celebrity Cafe - Entertainment News (blog)

Ferrari, which filed for an initial public offering with the New York Stock Exchange on July 23, earned $1. 53 billion (1. 387 billion euros) in the second quarter, up $42 million over Q2 ’14, while Maserati revenue slid by $280. 6 million to $1.... As a part of the record-breaking fine structure the company must pay to the National Highway Traffic Safety Administration (NHTSA), FCA apportioned $20 million to incentivize owners of certain recalled vehicles to either fix or trade in their... Fiat Chrysler says 57,000 2009-2011 Ram 1500 and Dakota pickups and 2009 Aspen and Durango SUVs are eligible, as are 94,000 2008-2012 heavy duty Ram pickups and 24,000 2008-2012 Ram Chassis Cab trucks. During a conference call on Thursday, Marchionne said the Italian-American company complies with U. S. notification requirements more than 98% of the time. Another $15 million would be assessed if the company violates the agreement. Marchionne said the company will pay the $70 million shortly, and said the buyback costs can be included in the $20 million. Marchionne also said he did not think contract talks with the United Auto Workers in the U. S. would go past the September 14 expiration date of the current deal nad said talks have been constructive so far. Source: celebcafe.org