Chrysler has posted a first quarter 2014 net loss of $690m due to extraordinary items related to the settlement with the UAW’s healthcare trust at the beginning of the year under which Fiat took 100% ownership of Chrysler.

However, adjusted net income for the quarter, excluding infrequent items, was $486m, up from $166m a year ago. Net revenue for the quarter was $19bn, up 23% from a year ago as Chrysler continued to benefit from recovery in North America.

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

Worldwide vehicle shipments were 668,000 for the quarter, up 16% from 574,000 a year ago.

Worldwide vehicle sales for the first quarter were 621,000, up 10% from a year ago, driven primarily by a 19% increase in US retail sales.

Fiat Group last week reported an EUR319m net loss for first quarter.

The merged Fiat-Chrysler company, FCA, is expected to be listed on the NYSE later this year.  

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now