Fiat Chrysler has booked third quarter net profit down 1% to US$240m, with revenue up 14% to EUR23.6bn..

The automaker says the profit was in line with the same period last year, while worldwide shipments rose 10% to 1.1m units, driven by strong NAFTA sales.

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“The Group’s third-quarter results demonstrate a solid performance in the face of challenging market conditions particularly in Latin America,” said FCA CEO, Sergio Marchionne,

“We are on track to deliver on our full-year targets for 2014. With the formal creation of FCA and its debut listing on the NYSE, we have embarked on a new phase as a global company with even greater possibilities.”