UPDATE 2-Fiat's flat U.S. profit margin spooks investors

Newswire

MILAN, July 31 (Reuters) - Italian car maker Fiat rattled investors on Tuesday with the news that the profit margin at U.S. unit Chrysler remained static in the second quarter despite selling more cars. Its share price tumbled as investors focused on the margin rather than a second-quarter trading profit that beat expectations and its reduced losses in Europe. "Chrysler increased its sales volumes, but its profit margin on sales was flat (at 4.5 ...

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