Tuesday, October 30, 2012

Chrysler's 3rd quarter profit should offset Fiat's loss | Auto news | Detroit Free Press | freep.com

 

Marchionne wants to use some of Fiat's Italian plants to export Chrysler products to the U.S., according to various European press reports.

Michael Robinet, director of automotive consulting for IHS Automotive, noted that Chrysler exports Jeep Grand Cherokees and a rebadged Chrysler 200 from Michigan to Europe.

"At some point, in the next three to five years, I think you will see some volume coming out of Italy destined for North America," Robinet said.

Fiat has spent about $2 billion to boost its stake in Chrysler. The two companies have shared engines, vehicle platforms and other technologies.

Click on the following for more details: Chrysler's 3rd quarter profit should offset Fiat's loss | Auto news | Detroit Free Press | freep.com

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