(MENAFN) Italian car giant Fiat will change its name to "Fiat Chrysler Automobiles" after it bought the US automaker Chrysler. However, its net profit in 2013 was lower than expected, according to the Peninsula Qatar
The company's profit in the fourth quarter of 2013 was estimated at USD1.27 billion, lower than the expected USD1.5 billion
Fiat chairman John Elkann said: "A journey that started over a decade ago, as Fiat sought to ensure its place in an increasingly complex marketplace, has brought together two organisations each with a great history in the automotive industry and different but complementary geographic strengths.
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