Chrysler reported third quarter net income of $464 million, a 22% year-over-year increase.
Net income for the first three quarters of 2013 is at $1.1 billion.
Net revenue was $17.6 billion for the third quarte, up 13.5% from $15.5 billion for the same period last year, primarily driven by an increase in vehicle shipments, including the Jeep Grand Cherokee and Ram pickup trucks.
Net revenue totaled $50.9 billion for the first nine months of 2013.
“Chrysler Group’s ninth consecutive quarter of positive net income highlights our commitment to producing award-winning vehicles for consumers, such as the Jeep Grand Cherokee and the Ram 1500,” Chrysler G Chairman and CEO Sergio Marchionne said in a statement.
Source: Auto Blog
