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About: http://data.cimple.eu/news-article/3353ea67d93f8e84200b7a1970d3a8c2d9b9c853f7c8b064f5bf1976 Goto Sponge NotDistinct Permalink

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 car manufacturer Fiat Chrysler (FCA) on Friday posted second quarter losses of 1.04 billion euros ($1.23 billion) thanks to the collapse of the global economy caused by the COVID-19 epidemic. The result is nevertheless better than expected, after analysts predicted losses of two billion euros, according to Factset Estimates. "Our second quarter showed that decisive actions and extraordinary contributions from our workforce enabled FCA to contain the impact of the COVID-19 crisis," said CEO Mike Manley. "Our plants are up and running, dealers are selling in showrooms and online, and we have the flexibility and financial strength to push ahead with our plans," he said. FCA is due to merge with France's PSA and the company said on Friday that "the COVID-19 crisis has further underlined the compelling logic" of the merger. "Work by both teams towards the completion of the merger has continued apace and we expect to meet the objective of combining as a single company by the end of the first quarter 2021," FCA said. cco-cjo/rl
schema:headline	Fiat Chrysler says loses billion euros in second quarter
schema:mentions	Groupe PSA Chief executive officer France Severe acute respiratory syndrome coronavirus 2 Mike Manley (artist) Italian Americans FactSet Fiat Chrysler Automobiles
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-31 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	79 (xsd:integer)

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