ALERT: Chrysler posts 2nd-quarter profit of $436 million; Revenue advances 23% to $16.8 billion

BREAKING NEWS ALERT July 30, 2012

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Chrysler posts 2nd-quarter profit of $436 million Revenue advances 23% to $16.8 billion Joseph Lichterman and Larry Vellequette Chrysler Group today posted a second-quarter net profit of $436 million on strong sales of cars and light trucks. The company lost $370 million in the second-quarter of 2011, when it booked a $551 million charge to pay off its U.S. government loans. Revenue rose 23 percent to $16.80 billion during the latest period as Chrysler's worldwide sales climbed 20 percent to 582,000.  story  Follow Automotive News

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