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International

Pandemic cuts deep at Fiat Chrysler

May 12, 2020 Reprints

U.K.-based Fiat Chrysler Automobiles NV reported a loss of nearly $2 billion in the first quarter, compared with a profit of $679 million in the first quarter of last year, due to a steep decline in car sales during the COVID-19 pandemic, Agrinews reported citing the Associated Press. The company has withdrawn earnings forecast for this year due to stalled production and shuttered dealerships.

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Pandemic cuts deep at Fiat Chrysler

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