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Fiat Chrysler lost $1.24B in 2nd quarter of 2020 – Detroit Free Press

Fiat Chrysler Automobiles reported a big loss in the second quarter as expected, but the company said it made money in North America.

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Things can always be worse.
That’s one way to look at the earnings reports for Fiat Chrysler Automobiles and other automakers in the midst of a global downturn brought on by the coronavirus pandemic.
The question on Friday was how bad things would get for FCA, the last of the Detroit Three to announce its results for the second quarter of 2020. It was bad, as expected, but company leadership and analysts said things should look up later in the year.
“We expect a much, much better second half,…

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