Fiat Chrysler Q4 Profit Climbs; Employees Get $5,500 Each
Fiat Chrysler Automobiles N.V. (FCAU) reported a profit for the fourth-quarter that increased 97 percent from last year. But, quarterly revenues declined 3 percent from the previous year. Separately, FCA US LLC announced that it will make average profit sharing payments of $5,500 to eligible UAW-represented employees. Approximately 40,000 employees will receive the payment on February 16, 2018.
Source: RTTNews