Chrysler 3rd-quarter profit up 80% to $381 million

[Bozita]

Source: Detroit Free Press

Chrysler 3rd-quarter profit up 80% to $381 million
1:59 PM, October 29, 2012
By Brent Snavely
Detroit Free Press Business Writer


Chrysler earned $381 million in the third quarter, an 80% improvement from a year earlier, the company said today, as both sales and profit-per-vehicle increased during its fifth straight profitable quarter.

Last year, Chrysler earned $212 million for the three months ending Sept. 30.

The Auburn Hills automaker, which emerged from Chapter 11 bankruptcy in June 2009 with the assistance of federal loans, has rebounded faster than almost anyone expected.

The company has added more than 16,400 jobs as its U.S. sales have increased during the last 30 consecutive months.

Read more: http://www.freep.com/article/20121029/BUSINESS0103/121029064/Chrysler-3rd-quarter-profit-up-80-to-381-million?odyssey=tab|topnews|text|FRONTPAGE

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Fuck you, Mitt Rmoney and the tax-deductible dancing horse you rode in on!

[pipoman]

1. Good for Chrysler, and US markets..

I have to wonder if the 16k jobs were worldwide or just in the US..thinking the former..

[Bozita]

3. Chrysler has 3 plants in Canada, 3 in Mexico, and 17 in the USA

1,100 new jobs started this week at the North Jefferson plant in Detroit.

http://en.wikipedia.org/wiki/List_of_Chrysler_factories

[SoapBox]

2. Pukes, Baggers and Fuks News will say

it's just another Obama lie.

[PaulRevere08]

4. What an upside-down world we now live in where republicans will bemoan corporate profits.