Universal profitability and Ferrari top Marchionne’s to-do list

Fiat Chrysler Automobiles (FCA) came in on target with its 2014 financial results in a landmark year that saw momentous corporate changes. Continued strength in North America and solid improvements in Europe outweighed challenges in Latin America, leaving full-year operating profit adjusted for unusual items up 4% at €3.65bn (US$4.1bn), with net profit of €955m (adjusted for unusual items).