Yesterday, Chrysler Group LLC reported net income of $473 million USD for the first quarter of 2012. This was a gain of 407 percent over the $116 million USD net income that the Fiat-owned automaker reported for the same quarter in 2011. Chrysler’s numbers were boosted by a 25 percent revenue increase and a 39 percent vehicle sales increase. Chrysler also reported free cash flow of $1.7 billion in the first quarter.
Tag Archives | earnings
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