THEmerger between Fiat and Chrysler stands at “currently 20%”, but it will grow to 50% by the end of this year. This is what we read in a presentation to investors organized by Bank am Bellevue and published today on the Lingotto website.
Le market share in the United States they strengthened also thanks to the launch of the Jeep Grand Cherokee, thus passing from 8,8% in 2009 to 10,5% in 2011. Chrysler can also count on 21 consecutive months of annual sales growth in the United States, which become 25 if you cross into Canada.
Meanwhile the Lingotto confirms Fiat Industrial's 2011-2014 financial targets. Revenues expected for this year amount to 24 billion, while trading profit between 1,9 and 2,1 billion.
Today in Piazza Affari is a great day for Turin companies, with the share of Fiat gaining 4% in the early afternoon and that of Fiat Industrial traveling positive by more than two and a half points.
For Cnh, in 2012 initial investments will be finalized in various plants around the world, starting with the Argentinian one in Cordoba. Further investments in Russia are planned through the joint venture with the Russian partner Kamaz, while the Cnh plants in Sorocaba and Curitiba (Brazil) will improve their capacities.
