Fiat controls 58.5% of Chrysler. Earlier Tuesday, Fiat trimmed its 2012 forecasts because of expectations that the European car market will remain weak into 2014. Despite the darker outlook, the company based in the northern city of Turin returned to profit in the third quarter, as strong North American sales by Chrysler and good demand in Latin America and Asia offset the weak European market. Net profit for the quarter ended Sept. 30 was €39 million, up from a loss of €46 million a year earlier. Revenues rose 16% to €20 billion. Net profit including assets not wholly owned by Fiat more than doubled to €286 million, from €112 million in the same period last year, beating expectations. Analysts polled by FactSet had expected the company to earn €178 million in net profit on €19.4 billion in revenues. The company shifted its full-year forecasts toward the lower end of its earlier ranges, putting 2012 net profit in excess of €1.2 billion.