Fiat Chrysler Automobiles said Thursday that while the virus outbreak in China posed no immediate business risk, production at one European plant could be affected if supply chains remain blocked.
The company said it has identified one European plant where production could be affected in the next two to four weeks if the Chinese supply chain continues to be blocked by the virus.
The U.S.-Italian carmaker made the comments as it reported record fourth-quarter profits boosted by more than one-third by unprecedented sales of Ram trucks in the United States. Its North America division reported record adjusted earnings before taxes, depreciation and amortization of over 2 billion euros. It accounted for 97% of adjusted EBIT generated world-wide.
During the full year, Ram sales in the United States soared 18%, led by the Ram Heavy-Duty, Ram 1500 and Ram 1500 Classic, to 703,000 units.
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