Wednesday, January 30, 2013

Chrysler earns $1.7B in 2012, revises product plans for US

Chrysler earns $1.7B in 2012, revises product plans for US

Hot on the heels of Ford's earnings announcement for the year that was, Chrysler today reported a 2012 net income of $1.7 billion, up substantially from the comparatively minuscule $183 million profit earned in 2011 when it repaid its US government loans. Chrysler's good year ended with an excellent fourth quarter that saw net income rise 68 percent from $225 million in 2011 to $378 million. Where are all those extra earnings coming from. Market share, which Chrysler saw increase to 11.4% last year on sales of 1.65 million vehicles.

Autoblog , Chrysler earns $1.7B in 2012, revises product plans for US, Chrysler earns $1.7B in 2012, revises product plans for US

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.