Chrysler bounces back in US market

FINANCIAL TIMES:  Chrysler reported an 80 per cent rise in its third-quarter net income, thanks to surging demand for its vehicles in a revived US market…

“We’ve changed the conversation at Chrysler Group,” said Sergio Marchionne, Chrysler and Fiat’s chief executive, adding: “We continue to work feverishly and are pleased to see that our all-consuming aspiration for excellence is translating into results.”

Fiat has, since taking over Chrysler, merged the two companies’ management and begun developing vehicles jointly for the Italian group’s own brand and its US unit’s own Chrysler, Dodge and Jeep marques. Chrysler’s recently launched Dodge Dart is based on the same architecture as Fiat’s Alfa Romeo Giulietta…   (more)

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