TURIN -- If someone had told me that Chrysler would rescue Fiat within two years of their tie-up,occhiali oakley, I would have said,oakley, "Smettila di bere prima di pranzo" -- stop drinking before lunchtime.
What has happened since 2009,oakley frogskins ebay, when Fiat took control of Chrysler? Actually,carrera occhiali 6000, Chrysler is marginally ahead of what CEO Sergio Marchionne expected in his original restructuring plan.
Sales in Italy this year are spiraling down to a 15-year low. Fiat's Alfa Romeo,occhiali carrera online, Fiat and Lancia brands compound the market's weakness with aging products. Fiat sales and market share will continue to erode.
A Nov. 3 headline in the Italian daily Libero Quotidiano summed up the view here of Fiat's and Chrysler's sales: "Fiat on the hand-brake in Italy,occhiali carrera online, but Chrysler applies the turbo."
A decade ago,carrera occhiali, an Italian market sinking 11 percent to just 1.75 million units,ray ban uomo, as forecast for this year,oakley, would have been the kiss of death for Fiat. But now that Fiat owns Chrysler,oakley, car sales (excluding light trucks) in Italy account for just 10 percent of Fiat's global revenues.
Chrysler accounted for 53 percent of parent Fiat's third-quarter revenues,carrera occhiali negozi. Brazil is also a strong market and a huge profit generator for Fiat,carrera occhiali prezzi.
In the third quarter,ray ban, Fiat tripled its operating profit to 851 million euros,carrera occhiali prezzi, or about $1.15 billion,carrera occhiali, and Chrysler provided two-thirds of the total.
Oddly,carrera occhiali, the United States suddenly looks like an island of stability in the global auto market. First,occhiali carrera online, European automakers never addressed their overcapacity problems -- as the United States accomplished during the bankruptcy year of 2009.
And now the sovereign debt crisis is expected to cause a third consecutive year of sliding sales in Europe. The anticipated new-car volume for 2012 will be 2.3 million units below the 14.8 million peak seen in 2007,ray ban, says market analyst LMC Automotive.
In Europe,ray ban wayfarer, nerves are stretched thin by dysfunctional Greek politics and huge Italian sovereign debts. Events are moving so swiftly that any prediction is good for no more than,occhiali ray ban, oh,carrera occhiali prezzi, 24 hours.
But one thing is safe to say: Chrysler is now Fiat's life insurance,carrera occhiali da sole 2013.
Thanks to Chrysler's profits,carrera occhiali, along with technical and purchasing synergies from the combined companies,oakley prezzi, Fiat is in a much better position to withstand the crisis.
"Fiat,carrera occhiali, with Chrysler,carrera occhiali da sole uomo, grew its operating margin to 4.8 percent,carrera occhiali, not a great number by itself,occhiali ray ban, but better than 2.5 percent averaged by PSA/Peugeot-Citroen and Renault,oakley sconto," wrote Alessandro Penati in Il Corriere della Sera,carrera occhiali, Italy's No.1 daily.
Without Chrysler,carrera occhiali, I fear the automaker,occhiali oakley, after numerous brushes with bankruptcy in its 112-year history,carrera occhiali, would finally be looking at la fine -- the end.Related articles:


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