Chrysler 3Q profit nearly doubles to $381 million on big US sales gain

CP20590356
Chrysler 3Q profit nearly doubles to 81 million on big US sales gain

DETROIT – Chrysler nearly doubled its third-quarter profit as it continues to post big U.S. sales increases.

The company says it made $381 million last quarter. That’s up 80 per cent from the $212 million it made a year earlier.

The profit was due mainly to a 13 per cent U.S. sales increase for the quarter.

Chrysler gets three-quarters of its business from the U.S. Unlike other automakers, it sells few cars in Europe and isn’t being hurt by the economy there.

Chrysler says second-quarter revenue increased 18 per cent $13.1 billion.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

Related Articles