Fiat was dragged down to a loss of EUR83m in the first quarter of 2013 as partner Chrysler profits slumped.

While the Fiat bottom line was hit by launch timings on key Chrysler models in North America – and a Q1 drop to Chrysler profits of 65% – Fiat did manage to reduce first quarter losses in Europe by almost 25%.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Overall revenues were down 2% to EUR19.75bn as performance in Latin America, Asia and its premium brands helped compensate for declines in North America and Europe. 

First quarter revenues were down 3% to EUR10bn in North America and 4% to EUR4.4bn in Europe.

However, Fiat confirmed its 2013 financial targets, including net profit in the EUR1.2bn-EUR1.5bn range.

Full Fiat results release (PDF)

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact