Fiat Chrysler profit rises, outlook \'firm\' ahead of Peugeot merger

Fiat Chrysler posted a 7% originate can fourth-quarter apply above Thursday, boosted by vigorous affair can North America and better results can Latin America because it headed into a merger with France's PSA .

In a briefing with analysts, chief Executive officer Michael Manley said FCA was however "firm" above its economical guidance because 2020. Still, he warned that disruptions owing to the mortal coronavirus outbreak can China could threaten manufacture can one of Fiat Chrysler's European plants within two to four weeks. He did no recognize which factory could exist affected.

FCA hence far has no reported manufacture shutdowns can plants outer China related to the outbreak. Chinese AUTO PARTS and assembly plants cause extended previously planned Lunar New Year's shutdowns over Feb. 9, and some cause pushed the shutdowns out further.

FCA operates can China over a loss-making common venture with Guangzhou educate people (GAC) <601238.SS> and has a 0.35% part of the Chinese passenger carriage market.