Chrysler Posts Smaller-Than-Estimated Net Loss
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Chrysler Group LLC, the U.S. automaker operated by Fiat SpA, reported an $84 million third-quarter loss that was smaller than analysts estimated as U.S. sales improved faster than for its American rivals.
The net loss in the three months through September was the smallest this year and less than half the $172 million loss in the second quarter, Auburn Hills, Michigan-based Chrysler said today in a statement. The average estimate of four analysts surveyed by Bloomberg was for a $129 million loss.