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Fiat Chrysler returns to Q3 profit

By WTOP Staff

MILAN (AP) — Fiat Chrysler Automobiles returned to a profit in the third quarter thanks to a good performance by its luxury brands and gains in North America and Asia.

Fiat Chrysler Automobiles on Wednesday reported a net profit of 174 million euros ($221 million) for the three months ending Sept. 30. That compares with a loss of 15 million euros in the same period last year.

The carmaker completed a five-year merger process between Fiat, based in Turin, and Chrysler, based in Detroit, with a listing on the New York Stock Exchange earlier this month.

Revenues rose 14 percent to 23.5 billion euros. Luxury brand sales increased 35 percent, North America saw a 20 percent gain and Asia was up 30 percent. Latin American revenues dropped 12 percent in a weak market.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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