Profitable pickup trucks, Jeeps drive FCA back into black

back into the black in the third quarter following pandemic-related shutdowns, and the carmaker on Wednesday reinstated a profit forecast for 2020 that assumes no more disruption from a freshly resurgent COVID-19 outbreak.

FCA said it had available liquidity of 27.1 billion euros as of September and was on track to launch three new models in its profitable Jeep lineup in 2021. The Italian-American company had industrial free cash flow of 6.7 billion euros during the quarter, which Manley described as a “nice turnaround” to the cash burn in the first half of the year due to the pandemic.aim to merge by the end of the first quarter of 2021 and EU approval for that tie-up could come by the end of this year.

Operating profit rose 26% to a record 2.544 billion euros in North America, with a record 13.8% margin versus 10.6% a year earlier.

2 years lucky enuff to get a Toyota Rav 4 Adventure A, built on a truck chassis, and similar to a jeep, new ones on the camri chassis. great for living off grid

Jeeps Rock. Just wish they were Electric

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