In a major turnaround, FCA U.S. — the former Chrysler — turned a $2.6 billion profit for the first three months of this year, compared with a $690 million loss during the
first quarter of 2014. But the vast bulk of its earnings coming from tax benefits as it changed its tax status when Chrysler became a wholly owned subsidiary. There were, nonetheless, some positive
signs for the company which saw vehicle shipments jump 8%, to 718,000 cars, trucks and crossovers.
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