Jul 31, 2012

Chrysler posts Q2 profit of $436 million

Chrysler posts Q2 profit of $436 million

Chrysler has posted a net profit of $346 million in the second fiscal quarter of 2012. The amount represents a big jump compared to the $370 million loss it posted for the same time period a year ago. The automaker had to pay of $551 in U.S. government loans in that quarter.
Revenue for Chrysler Group rose 23 percent during the second quarter – up to $16.8 million – while worldwide sales rose 20 percent to 582,000 units.

Autoblog , Chrysler posts Q2 profit of $436 million, Chrysler posts Q2 profit of $436 million

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