AS others have stated they have survived via good management practices and government subsidies. Their cars do not have a good reputation anywhere. They are making a slime profit with the AG line, the truck line is doing good but the car business is marginal with the exception of the Chrysler/Ram line. They sold 2.2 million Chrysler/Ram cars/trucks in 2016 in the US but less than 100,000 Fiat vehicles. There was record car sales last year in the US. Most companies sales were up 1-2%. Chrysler/Ram was flat and Fiat declined.
Fiat has said they will sell the AG division but have had no offers. 2 reasons for that. They are only willing to sell the whole AG division to one buyer. And the profit margin is slim. Something like 2%. Most companies looking to buy other companies look for about a 5% margin.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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