Prospects look good for Chrysler Group LLC, the automaker controlled by Fiat SpA. The company recently emerged from bankruptcy protection and is poised to announce its smallest quarterly loss since that time.

A net-loss of $129 million is expected for the third-quarter of 2010. The numbers will be posted on November 8.

This would be a significant drop from the second-quarter posting of $172 million in losses and a good sign for the company 18 months after emerging from bankruptcy.

“Chrysler may prove to be one of 2011’s most surprising success stories,” said Stuart Pearson, an industry analyst with Morgan Stanley. He continued that he expects a “solid if not spectacular quarter.”

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