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.