Fiat Chrysler Automobiles reported net income of 92 million euros ($101 million) in the first quarter as strong performance in North America offset a steep decline in Latin America.
The first-quarter profit compares with a loss of 173 million euros ($190 million) a year earlier.
In North America, the automaker reported revenue of 16.2 billion euros ($17.8 billion), up 38 percent. FCA recorded shipments in North America of 633,000 vehicles, up 8 percent, and sales of 587,000 vehicles, up 6 percent.
The company said its North American profit margin for the quarter was 3.7 percent, up from 3.2 percent a year earlier. Adjusted earnings before interest and taxes in the region rose 58 percent to 601 million euros ($661 million).
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