Fiat merger hits Chrysler’s Q1 before new model salvo kicks in

Chrysler reports a US$690bn Q1 loss as it pushes ahead with ambitious growth plans.

Chrysler's merger with Fiat took a big bite out of first-quarter earnings, pulling down what would have been a solidly profitable quarter to a net loss of US$690m.  Fiat has just reported its own first-quarter net loss of €319m (US$439m), dampened by items related to its purchase of Chrysler.

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