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Marchionne says FCA to 'be in the black'

CEO forecasts strong results for automaker in 2015

Redazione Ansa

(ANSA) - Turin, January 28, 2015 - Fiat Chrysler Automobiles (FCA) "will be in the black" around the world in 2015, Chief Executive Officer Sergio Marchionne predicted on Wednesday.
    "I am very pleased," especially with results from Europea, the Middle East, and Africa, said Marchionne, referring to efforts by the head of the so-called Emea region Alfredo Altavilla.
    He spoke as FCA released its annual financial report for 2014, including a forecast for the Emea region to return to profitability this year - a year earlier than previously predicted.
    "The journey we have taken since 2007...shows that things can change," he said.
    Marchionne engineered the major merger of Italy's Fiat SpA and Chrysler Group of Michigan that came to fruition in 2014.
   

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