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Archives for month: August, 2012

Chrysler Hits $436 Million Profit in 2nd Quarter

Posted by admin on August 1st, 2012 in Category Automotive News (no responses)

Chrysler Group LLC continued its turnaround from near death just three years ago, earning $436 million in the second quarter and confirming that it will show a full-year operating profit of at least $3 billion.

Chief Executive Sergio Marchionne, in an email to Chrysler’s employees on Monday, warned against overconfidence in the face of the company’s recent success after “living through a near-death experience” in 2009.

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