Chrysler Could Be Fiat's Lifeline In European Crisis

When Italy's Fiat acquired bankrupt US carmaker Chrysler in 2009 it was with the intention of turning the company around, but results for 2011 show a resurgent Chrysler bolstering Fiat's finances and possibly offering an answer to the difficult operating conditions in Europe. Chrysler's first net profit since 1997 helped Fiat double its own trading profit (earnings before interest, tax and one-time items) and the restructured North American production operations are providing a blueprint for how CEO Sergio Marchionne would like to see things done in

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