May-25-2015 02:05 PM
May-29-2015 12:28 PM
Perrysburg Dodgeboy wrote:proxim2020 wrote:
LinkWithout the benefit of the change in tax status FCA US would have earned a profit of just $312 million compared with a profit of $486 million. that is NET not PRE Tax
Ford, in contrast, earned $1.3 billion in pre-tax profits in North America during the first quarter and General Motors earned $2.2 billion. That is Gross or pre tax not net. nice try."(Fiat Chrysler Automobiles) appears to be fundamentally overvalued. It has very limited profitability, it is so loaded with debt it makes little in the way of earnings, it is burning cash and it is not able to pay dividends," Bernstein Research analyst Max Warburton said in a report published earlier this week.
They ain't doing that well.
Ford first-quarter profit misses expectations, 2015 profit outlook affirmed "Ford's overall first-quarter net income fell 7 percent to $924 million, or 23 cents a share, from $989 million, or 24 cents a share, a year earlier. Analysts expected earnings of 26 cents a share, according to Thomson Reuters I/B/E/S."
GM also missed it's mark as well!
Fiat Chrysler returns to $101.2M profit in Q1
FCA is not as big nor do we sell as many vehicles as Ford or GM so our profits are not as big. But given the fact that Ford out sell us by what 3 to 1 someone said, it looks like FCA is doing just as good if not better then the other two big dogs. Look at NET PROFITS of each not the net of FCA and the pre or gross of Ford and GM.
Hat in hand? Some of you guys are just screwed-up. Fiat Chrysler wants to collaborate with others on new vehicles: definition, work jointly on an activity, especially to produce or create something.LINK
Don
May-29-2015 01:27 AM
GoPackGo wrote:larry barnhart wrote:
He also wants VW to buy them out. Jeep seems to be at the bottom of the pile at this time so what "difference does it make"??
chevman
Can't believe VW would be interested. VW Group includes Porsche, Audi, MAN, and Lamborghini, among others.
What would be gained ?
May-29-2015 12:50 AM
larry barnhart wrote:
He also wants VW to buy them out. Jeep seems to be at the bottom of the pile at this time so what "difference does it make"??
chevman
May-28-2015 10:09 PM
proxim2020 wrote:
LinkWithout the benefit of the change in tax status FCA US would have earned a profit of just $312 million compared with a profit of $486 million. that is NET not PRE Tax
Ford, in contrast, earned $1.3 billion in pre-tax profits in North America during the first quarter and General Motors earned $2.2 billion. That is Gross or pre tax not net. nice try."(Fiat Chrysler Automobiles) appears to be fundamentally overvalued. It has very limited profitability, it is so loaded with debt it makes little in the way of earnings, it is burning cash and it is not able to pay dividends," Bernstein Research analyst Max Warburton said in a report published earlier this week.
They ain't doing that well.
May-28-2015 04:36 PM
May-28-2015 04:20 PM
May-28-2015 04:12 PM
itguy08 wrote:
Funny watching the Mopar guys making more excuses to why Chrysler is not in trouble. Saw it in '08 when quality was in the tank. "Wait till the new stuff hits, its world class", "that's because they are in bankruptcy, "Daimler killed them". Well, here we are in 2015 with new product and the most unreliable vehicles are.... Chrysler brands!
You can't survive on the highest incentives in the industry and the lowest margins either. Sergio thought he could "Fix" Chrysler. They are the last in a long line of people that have tried.
Stick a fork in them, they are done!
May-28-2015 04:08 PM
May-28-2015 03:51 PM
May-28-2015 09:39 AM
Powerdude wrote:
Old news.
Chrysler is always losing money. Fiat bought a lame duck from Mercedes.
Honestly, that's the biggest thing holding me back from buying a Ram with a Cummins.
All of the Chrysler products we have ever owned never lasted, or had major problems well before 120k miles were up. Pieces of crap.
May-28-2015 09:06 AM
Without the benefit of the change in tax status FCA US would have earned a profit of just $312 million compared with a profit of $486 million.
Ford, in contrast, earned $1.3 billion in pre-tax profits in North America during the first quarter and General Motors earned $2.2 billion.
"(Fiat Chrysler Automobiles) appears to be fundamentally overvalued. It has very limited profitability, it is so loaded with debt it makes little in the way of earnings, it is burning cash and it is not able to pay dividends," Bernstein Research analyst Max Warburton said in a report published earlier this week.
May-28-2015 07:40 AM
dodge guy wrote:Dadoffourgirls wrote:dodge guy wrote:
... And yes GM is hurting. Look what they have sold off in the last few years! ...
What I see GM has sold is:
2011 2,503,820 vehicles in the US, 9,000,000 Globally
2012 2,595,717 vehicles in the US 9,288,000 Globally
2013 2,786,078 vehicles in the US 9,715,000 Globally
2014 2,935,008 vehicles in the US 9,925,00 Globally
You have consistently stated GM is hurting without giving any facts or sources. Please inform us of what GM has sold off in the last few years.
Selling cars does not mean a company makeing money! Or in good financial shape!
May-28-2015 07:11 AM
... But that hasn't stopped Marchionne from continuing to talk to other CEOs, Wall Street analysts and the media about what he sees as the need for industry consolidation at almost every chance he gets.
...
Barra, Ford CEO Mark Fields, PSA/Peugeot-Citroen CEO Carlos Tavares, Toyota CEO of North America Jim Lentz, CEO and others have all said their companies are not currently interested in a deal with Marchionne.
http://www.freep.com/story/money/cars/chrysler/2015/05/26/fcau-fca-fiat-chrysler-sergio-marchionne-merger-gm-mary-barra-tesla/27950897/
May-28-2015 07:04 AM
Dadoffourgirls wrote:dodge guy wrote:
... And yes GM is hurting. Look what they have sold off in the last few years! ...
What I see GM has sold is:
2011 2,503,820 vehicles in the US, 9,000,000 Globally
2012 2,595,717 vehicles in the US 9,288,000 Globally
2013 2,786,078 vehicles in the US 9,715,000 Globally
2014 2,935,008 vehicles in the US 9,925,00 Globally
You have consistently stated GM is hurting without giving any facts or sources. Please inform us of what GM has sold off in the last few years.
May-28-2015 06:19 AM