As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.
Fiat Chrysler follows GM, Ford in ending monthly sales reports
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Fiat Chrysler’s going to stop reporting sales on a monthly basis. Instead, the carmaker will report sales quarterly. General Motors and Ford have already made the change. Automakers started issuing monthly sales figures under pressure from analysts who wanted more transparency, but for Fiat Chrysler, GM and Ford, the practice created short-term incentives that weren’t in the companies’ long-term interest.
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