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| Version 1 | Version 2 |
|---|---|
| Chrysler boosts profits at parent Fiat | Chrysler boosts profits at parent Fiat |
| (35 minutes later) | |
| Profits at Chrysler helped quadruple second quarter earnings at 58% owner Fiat. | Profits at Chrysler helped quadruple second quarter earnings at 58% owner Fiat. |
| The Italian giant, which is based in Turin, saw net profit for the three months to June at 142m euros (£123m, $188m), up from 32m euros a year ago. | The Italian giant, which is based in Turin, saw net profit for the three months to June at 142m euros (£123m, $188m), up from 32m euros a year ago. |
| Worldwide shipments of vehicles - half of these Chrysler brands - were up 5% to 1.2 million units in the period but sales in crisis-hit Europe fell by 5%. | Worldwide shipments of vehicles - half of these Chrysler brands - were up 5% to 1.2 million units in the period but sales in crisis-hit Europe fell by 5%. |
| Without the contribution from Chrysler, Fiat would have lost 247m euros. | Without the contribution from Chrysler, Fiat would have lost 247m euros. |
| Sales in North America were 4% higher, while sales in faster-growing Asia and Latin America were up more than 10%. | Sales in North America were 4% higher, while sales in faster-growing Asia and Latin America were up more than 10%. |
| Fiat, whose marques include Lancia, Alfa Romeo, Ferrari and Maserati sold 234,000 passenger cars in the quarter, leaving its European market share down 0.5% at 6.3%. | Fiat, whose marques include Lancia, Alfa Romeo, Ferrari and Maserati sold 234,000 passenger cars in the quarter, leaving its European market share down 0.5% at 6.3%. |
| Despite the stronger performance from Chrysler, that part of the business gave a wide forecast for this year's profits of between $1.7bn and $2.2bn. | Despite the stronger performance from Chrysler, that part of the business gave a wide forecast for this year's profits of between $1.7bn and $2.2bn. |
| Previously it said it was expecting to make $2.2bn. | Previously it said it was expecting to make $2.2bn. |
| Fiat is currently trying to buy a greater share in Chrysler, although a disagreement over price is holding it back. | Fiat is currently trying to buy a greater share in Chrysler, although a disagreement over price is holding it back. |
| A court in Delaware is trying to set a value. | A court in Delaware is trying to set a value. |
| Disappointment at the figures caused the shares to fall by more than 4%. |