Detroit • Chrysler Group saw big sales gains in the first quarter thanks to the new Jeep Cherokee and Ram pickup, but its results were overshadowed by charges related to its merger with Italian automaker Fiat SpA.
Chrysler lost $690 million in the January-March period. Without one-time charges related to the merger, the company's net income more than doubled to $486 million.
In January, Fiat paid $3.65 billion to a union-run health care trust to acquire Chrysler's remaining shares. As part of the deal, Chrysler agreed to pay $700 million to upgrade its factories.