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Thursday, April 26, 2012

ALERT: Chrysler profit quadruples to $473 million as U.S. sales rise

BREAKING NEWS ALERT April 26, 2012
 
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Chrysler profit quadruples to $473 million as U.S. sales rise
 Larry P. Vellequette
Chrysler Group said its first-quarter net income quadrupled on surging sales as the automaker set a profit target of $1.5 billion for the year. Chrysler earned $473 million in the January-March period, up from $116 million a year earlier. Revenue rose 25 percent to $16.4 billion as U.S. vehicle sales increased 39 percent.
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 image Marchionne: "We continue to deliver."
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