Fiat Q1 net profit beats fcast but Europe weak

Newswire

MILAN, April 26 (Reuters) - Italian car maker Fiat, which holds a majority stake in Chrysler, said revenue from mass market car sales in Europe fell 13.1 percent in the first quarter, a shortfall which was more than compensated by booming car sales in the United States. Its group trading profit including Chrysler was 866 million euros, better than the 845 million euros expected in an analyst consensus compiled by Fiat. Chrysler's strength offset declines in Europe, where Fiat posted a ...

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