FIAT's profit report came out today and it shows that the Chrysler group generated its biggest profit since its 2009 bankruptcy. A lot of Chryslers are selling in the U.S. more than compensating for quieter showrooms in Europe, where the financial crisis has been dampening things.
In the Middle East, organizers of the big Formula 1 Grand Prix of Bahrain are trying to press ahead despite demonstrations against the Bahrain regime’s human rights record.
Auto sales for the month of March are trickling out this month and so far the numbers look pretty good. Chrysler said it had its best month in four years with sales up 34 percent. Ford also had its best month in years with sales up 5 percent.