FCA Sees US Pickup Trucks Hauling Profits in Rest of 2019

The 2020 Jeep Gladiator is introduced during a Jeep press conference at the Los Angeles Auto Show in Los Angeles, Calif., U.S. Nov. 28, 2018. Mike Blake/Reuters

MILAN/DETROIT—Fiat Chrysler Automobiles NV (FCA) said on May 3 that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter.

That renewed forecast sent FCA’s shares up 4 percent.