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Chrysler nearly doubles profit in third quarter
CHICAGO — Chrysler nearly doubled its profit in the third quarter as an improving economy and fresh models drew more consumers into its showrooms, the third largest US automaker said Monday. Net income jumped 80 percent to $381 million as revenues rose 18 percent to $15.5 billion in the July…
Chrysler chief confident about U.S. but not Europe
The US economy continues to demonstrate underlying strength and contains the seeds of future growth for the auto industry, Chrysler’s top executive Sergio Marchionne said Friday. But he blamed German officials for impeding a rationalization of the industry in Europe that could bring it back to health. During presidential elections,…
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