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

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 - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now