Chrysler Group's First Quarter Profits Quadruple to $473 Million, Best Result Since 1998
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Chrysler Group's First Quarter Profits Quadruple to $473 Million, Best Result Since 1998



While the Italian side of the Fiat-Chrysler alliance is having troubles on the other side of the Atlantic, the American division of the group is thriving.

Today, the Chrysler Group announced that it earned $473 million for the first quarter of 2012, up more than 300 percent from $116 million a year ago, mainly due to strong U.S. sales where the company reported a 40 percent increase.

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- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...

- Chrysler Group Reports Smaller Losses In Q3 2010
A loss is a loss, but at least there's an improvement in the Chrysler Group's financial results for the third quarter of the year that ended on September 30, 2010. The American automaker, which is operated by Fiat SpA, reported an $84 million...

- By The Numbers: Chrysler Llc Vs Fiat Group
So now that the alliance deal between Chrysler LLC and Fiat S.p.A. has been sealed, let's take a quick look at some of the numbers concerning the two companies starting off from sales and their corresponding market shares. In 2008, the Fiat Group...

- Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...

- Fiat Announces 21% Drop In Pre-tax Profits For 2008, Foresees 20% Less Sales In 2009
Two days after announcing its plans to acquire a 35 percent stake in Chrysler LLC, Fiat S.p.A. released the group's 2008 calendar year results and at the same time, revealed its gloomy outlook for 2009. The Fiat Group's total revenues for 2008...



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