REFILE-UPDATE 3-Chrysler sales slump ahead of new model launches

Newswire

By Bernie Woodall and Jennifer Clark DETROIT/MILAN, April 29 (Reuters) - Carmaker Fiat's first quarter profit slumped more than expected as its U.S. unit Chrysler's sales suffered from the phase out of the Jeep Liberty pending a new model launch. "We knew we would be limping in the quarter. I just didn't think I was going to limp that much," said Sergio Marchionne, chief executive of both Chrysler and its parent Fiat, on a conference call with ...

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