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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Italian-American auto giant Fiat Chrysler said Wednesday it returned to profit in the third quarter, doing better than expected as the market recovered from a massive downturn sparked by the coronavirus pandemic. FCA, due to merge with French peer PSA, reported a three months to September net profit of 1.2 billion euros, more than making up for a massive loss of 1.0 billion euros in the previous quarter. The carmaker posted a net loss of 179 million euros in the third quarter of 2019. Analysts surveyed by financial information service Factset had expected a net profit of 582 million euros in the third quarter of this year. FCA, which groups the Fiat, Chrysler, Jeep, Maserati, Alfa Romeo, Dodge and Ram brands, said sales fell 6.0 percent to 25.8 billion euros, again slightly better than analyst estimates for 25.16 billion euros. Total vehicle sales came to 1.03 million, down 3.0 percent overall, reflecting falls of 29 percent in its Asian markets and 8.0 percent in North America. Europe-Middle East unit sales rose 10 percent. "In the quarter we were present with various brand products in market segments where we were previously absent," FCA head Mike Manley said in a statement. FCA and PSA earlier Wednesday reiterated their intention to seal their merger by the end of the first quarter next year. cco-ljm/bmm/rl
schema:headline	Fiat Chrysler returns to profit
schema:mentions	Groupe PSA Dodge Jeep Pinniped North America Asia Pandemic Coronavirus Peerage of France Mike Manley (artist) Maserati Alfa Romeo Italian Americans FactSet Fiat Chrysler Automobiles »more»
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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