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Brazilian market outlook clouds Fiat Chrysler’s ambitious plans

Fiat Chrysler Automobiles hopes to raise vehicle sales in Latin America by 44 percent over five years but a recent big drop in volumes and weakening outlook in Brazil, the region’s biggest economy, threaten to spoil its ambitions.

Two years ago Latin America still accounted for nearly a third of Fiat Chrysler profits, helping to offset a slump in Europe sales.