Chrysler Saves the Quarter for Fiat Group with the Alliance Posting a $440 Million Profit

When the Fiat Group stepped in to acquire the Chrysler Group LLC back in 2009 after the Detroit carmaker emerged from a government backed Chapter 11 reorganization, the Italians were supposed to be the ones doing the saving.

Enter the present day and it’s the American arm of the group taking over this role as the alliance earned a profit of $440 million or €358 million in the second quarter thanks to Chrysler and not Fiat.

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