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 - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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