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Fiat Chrysler has good chance of hitting 2018 targets, Marchionne tells analysts

January 12, 2017

Fiat Chrysler Automobiles CEO Sergio Marchionne told Wall Street analysts on Wednesday that the company’s chances of hitting 2018 financial targets are “significantly greater than 50 percent,” according to a person present at the meeting.

The financial targets from Fiat Chrysler’s five-year plan ending in 2018 were initially set in 2014 and updated in January 2016. They include 136 billion euros ($144 billion) in revenue and adjusted net profit of between 4.7 billion euros and 5.5 billion euros.

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