CASSINO, Italy Nov 24 Fiat Chrysler
will start reaping the benefits on its earnings from a recent
strengthening of the U.S. dollar against the euro towards the
end of the year, the car maker's chief executive said on
"Let's hope it lasts as long as possible," CEO Sergio
Marchionne told reporters at an event at an FCA plant in
Cassino, southern Italy.
"The effects will be felt starting from the end of the year
because we still have a lot of dollar hedging to get through. It
will also help (luxury sports maker) Ferrari," he said.
FCA makes around 85 percent of its profits in North America.
(Reporting by Alberto Sisto, writing by Valentina Za, editing
by Agnieszka Flak)