Losses at the ailing Italian carmaker Fiat were
offset by income from its strong US subsidiary with Chrysler helping
boost its second-quarter net profit 80 per cent from the same quarter
a year earlier to 435 million euros (577 million dollars), it said
The figures were dragged down by losses at Turin-based Fiat of 247 million euros, almost unchanged from the previous year's second-quarter loss of 246 million.
Fiat has been hard hit by falling sales in Europe. Most of the Fiat Group's sales are in North America, where a recovering market helped increase its overall revenues by 4 per cent year-on-year to 22.3 billion euros.
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