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Chrysler/NAFTA reaches Sergio's 10% EBIT Margin goal, a loss in Italy and FCA's Q3 overall net income falls

Palmer stated RAM launch cost was €60 Million in Q3.
 
A question about how much RAM pricing will stay strong, Manley states he believes it's permeant moved up in RAM pricing levels.
 
Palmer stated €850 million of commodities prices increases in 2019.
 
Bank Of America analyst ask about the Bronco, and can Wrangler sustain its volume.
 
Manley said Jeep Truck is more lifestyle, and together with International volumes will sustain Wrangler volume (Truck+ Wrangler). He mentioned they hold back Wrangler volumes from International markets to get new Wrangler in U.S. Dealers first.
 
Manley stated part of the solution in Europe is Pricing/Channel mix, there's also cost lever to pull but those take longer to achieve.
 
Manley closing remarks he stated with the MM Sale they solve what many perceived to be FCA's biggest weakness :the Balance Sheet,and the Company remains committed to the 2022 plans layed out in June.
 
Manley stated part of the solution in Europe is Pricing/Channel mix, there's also cost lever to pull but those take longer to achieve.

Can you be more specific about pricing and channel mix?
 
Manley said that big refresh for Alfa Romeo interiors is coming next year?
 
Can you be more specific about pricing and channel mix?
Manley didn't want tell all the actions coming, but did indicated FCA's did higher % of low end rental fleet vs PSA,and that they get less pricing per vehicle in segment PSA does well in.
 
PSA has shown how it's done.

I'm not so sure. Opel could be their weigh in the near future.

In any case it's nice that FCA will focus more on some markets like EU and China. Currently there are their weak spots especially in China.
 
I'm not so sure. Opel could be their weigh in the near future.

In any case it's nice that FCA will focus more on some markets like EU and China. Currently there are their weak spots especially in China.

....And the rest of Asia.
 
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