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auto industry, fourth quarter
(Image from article: "Chrysler cuts 4Q net loss as comeback continues")

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US helps Fiat Q4 profit more than double

Fiat SpA, the Italian automaker that controls Chrysler LLC, saw fourth quarter earnings more than double thanks to strong North American sales that more than compensated for a weak performance in Europe.

 

Retail sales sag as superstorm Sandy slows buying

Retail sales fell in October for the first time in three months as superstorm Sandy slammed the brakes on automobile purchases, suggesting a loss of momentum in the fourth quarter.

 

Chrysler cuts 4Q net loss as comeback continues

Chrysler cuts 4Q net loss as comeback continues

An optimistic Chrysler narrowed its net loss significantly in the fourth quarter and forecast a net profit for 2011 as it continued a comeback from bankruptcy protection.

 

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