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Author	Topic: Chrysler reports $1.7 billion net profit for 2012	Post a Reply Back to Topics

xgojim All-Star Author Michigan Posts:519 Points:450,045 Joined:Mar 2011	Message Posted: Jan 30, 2013 7:19:53 AM Ignore xgojim Report Abuse Chrysler Group LLC reported a net profit of almost $1.7 billion for 2012 Wednesday and fourth-quarter earnings of $378 million. That was an eightfold improvement over the $183 million the company earned in 2011 and offered further proof of the automaker's turnaround. But CEO Sergio Marchionne stressed that Chrysler's recovery is still a work in progress. "While we are pleased to have achieved strong financial results in 2012, the enterprise we are crafting is not complete," he said in a statement. "The goals we've set for the year ahead reflect a common desire by everyone from leadership to the shop floor to succeed and sustain the power of the house we are building," Marchionne continued. "Our aim is meaningful, but it is not complicated, and only a preoccupation with quality can... Visit Detroit News for full article

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Chrysler Group LLC reported a net profit of almost $1.7 billion for 2012 Wednesday and fourth-quarter earnings of $378 million. That was an eightfold improvement over the $183 million the company earned in 2011 and offered further proof of the automaker's turnaround. But CEO Sergio Marchionne stressed that Chrysler's recovery is still a work in progress. "While we are pleased to have achieved strong financial results in 2012, the enterprise we are crafting is not complete," he said in a statement. "The goals we've set for the year ahead reflect a common desire by everyone from leadership to the shop floor to succeed and sustain the power of the house we are building," Marchionne continued. "Our aim is meaningful, but it is not complicated, and only a preoccupation with quality can...
Visit Detroit News for full article

REPLIES (newest first)Ignore Short Messages

dave27johnson Champion Author Chicago Posts:1,787 Points:406,700 Joined:Feb 2012	Message Posted: Jan 31, 2013 12:46:02 AM Ignore dave27johnson Report Abuse Good news.
schatzila Champion Author Los Angeles Posts:4,939 Points:1,014,670 Joined:Jun 2010	Message Posted: Jan 30, 2013 1:09:00 PM Ignore schatzila Report Abuse surprising.
peakkeller Champion Author Colorado Springs Posts:1,680 Points:775,400 Joined:Dec 2009	Message Posted: Jan 30, 2013 11:15:30 AM Ignore peakkeller Report Abuse That is something!
pilotmass Champion Author Boston Posts:1,813 Points:500,360 Joined:Jul 2011	Message Posted: Jan 30, 2013 11:08:59 AM Ignore pilotmass Report Abuse You're right. It will get even better
Norm10 Champion Author British Columbia Posts:3,337 Points:162,700 Joined:Dec 2010	Message Posted: Jan 30, 2013 11:07:33 AM Ignore Norm10 Report Abuse Don't get too excited - this won't last long!
BEGTWO Champion Author Maryland Posts:1,932 Points:722,190 Joined:Sep 2010	Message Posted: Jan 30, 2013 11:04:02 AM Ignore BEGTWO Report Abuse Alright Now!!!
BobBG All-Star Author Albany Posts:820 Points:809,210 Joined:Nov 2005	Message Posted: Jan 30, 2013 10:40:10 AM Ignore BobBG Report Abuse Hopefully the Dart will sell well enough to make them an MPG leader too.
drobbbb Champion Author Maryland Posts:3,466 Points:810,380 Joined:Dec 2010	Message Posted: Jan 30, 2013 10:32:40 AM Ignore drobbbb Report Abuse american workers at their best
mastermariner Champion Author Texas Posts:4,247 Points:493,010 Joined:Jun 2011	Message Posted: Jan 30, 2013 9:47:54 AM Ignore mastermariner Report Abuse Good for them,
bar1035 Champion Author Charlotte Posts:9,141 Points:1,296,270 Joined:Aug 2006	Message Posted: Jan 30, 2013 9:16:02 AM Ignore bar1035 Report Abuse Those dirty bas... oh, wait, that's not a greedy oil company
eschroth442 Champion Author Cleveland Posts:1,069 Points:330,795 Joined:Nov 2011	Message Posted: Jan 30, 2013 9:02:51 AM Ignore eschroth442 Report Abuse guess the american automakerr isn't so dead
SUNOIL Champion Author Toledo Posts:5,230 Points:1,923,080 Joined:Jul 2007	Message Posted: Jan 30, 2013 8:49:45 AM Ignore SUNOIL Report Abuse Good for them, now focus on MPG
angel4me Champion Author San Jose Posts:2,814 Points:793,045 Joined:Dec 2010	Message Posted: Jan 30, 2013 8:41:30 AM Ignore angel4me Report Abuse they have improved quite a bit...........
bigt61 All-Star Author Virginia Posts:652 Points:203,015 Joined:Jul 2008	Message Posted: Jan 30, 2013 8:35:24 AM Ignore bigt61 Report Abuse My son just bought a new Dodge Dart... after driving and testing everything else - Civic, Elantra, Mazda3, Focus and Scion. He loves the style, handling and interior design. I have to admit, it's a very sweet car, Dodge has done a great job with it. Good warranty as well.
CorvairHaven Champion Author Cleveland Posts:4,344 Points:1,451,890 Joined:Sep 2008	Message Posted: Jan 30, 2013 8:30:17 AM Ignore CorvairHaven Report Abuse A "preoccupation with quality" had better be #1, because it sure wasn't in the past.
Rockyguitar Champion Author Tampa Posts:2,557 Points:1,200,820 Joined:Sep 2008	Message Posted: Jan 30, 2013 8:23:01 AM Ignore Rockyguitar Report Abuse You're welcome........(thanx to our tax dollars for union bailouts)
sabre75 Champion Author Florida Posts:1,663 Points:340,395 Joined:May 2012	Message Posted: Jan 30, 2013 8:18:11 AM Ignore sabre75 Report Abuse Good.
Nancy&Len Champion Author Cleveland Posts:2,043 Points:1,943,865 Joined:Sep 2004	Message Posted: Jan 30, 2013 8:17:41 AM Ignore Nancy&Len Report Abuse Me too listerone .
humblepie Champion Author Toledo Posts:34,128 Points:2,369,420 Joined:Mar 2006	Message Posted: Jan 30, 2013 8:11:07 AM Ignore humblepie Report Abuse fiat made money big whoop
GingoutMD Champion Author Maryland Posts:3,495 Points:713,305 Joined:Jan 2010	Message Posted: Jan 30, 2013 8:08:26 AM Ignore GingoutMD Report Abuse Congrats to Chrysler... now let's see them build some even better and grow like Ford.
SSwathwood All-Star Author Denver Posts:549 Points:775,870 Joined:Nov 2009	Message Posted: Jan 30, 2013 8:06:15 AM Ignore SSwathwood Report Abuse Good for Chrysler and the economy.
pleinyeux All-Star Author Montreal Posts:771 Points:197,680 Joined:Oct 2012	Message Posted: Jan 30, 2013 8:06:07 AM Ignore pleinyeux Report Abuse I need 1% only / lol
lcleveland Champion Author San Antonio Posts:2,651 Points:649,100 Joined:May 2011	Message Posted: Jan 30, 2013 8:02:11 AM Ignore lcleveland Report Abuse going with WOW
listerone Champion Author Boston Posts:3,370 Points:876,815 Joined:Aug 2008	Message Posted: Jan 30, 2013 8:01:29 AM Ignore listerone Report Abuse Chrysler builds crap.They always have...they always will.I'd walk before I'd own a Chrysler product.
doeslayersr Champion Author Illinois Posts:9,098 Points:870,055 Joined:Dec 2010	Message Posted: Jan 30, 2013 7:49:29 AM Ignore doeslayersr Report Abuse Interesting to say the least......
BigRedVTX All-Star Author Georgia Posts:856 Points:500,130 Joined:Jun 2011	Message Posted: Jan 30, 2013 7:46:50 AM Ignore BigRedVTX Report Abuse One must remember where these figures arise from. Also keep in mind where the controlling interest in Chrysler lie.
Evilmaddog Champion Author British Columbia Posts:3,312 Points:955,600 Joined:Aug 2010	Message Posted: Jan 30, 2013 7:41:56 AM Ignore Evilmaddog Report Abuse going the right direction
billbillON Sophomore Author Ottawa Posts:108 Points:67,615 Joined:Dec 2012	Message Posted: Jan 30, 2013 7:41:04 AM Ignore billbillON Report Abuse wow
billbillON Sophomore Author Ottawa Posts:108 Points:67,615 Joined:Dec 2012	Message Posted: Jan 30, 2013 7:40:37 AM Ignore billbillON Report Abuse wow [Edited by: billbillON at 1/30/2013 7:41:00 AM EST]
billbillON Sophomore Author Ottawa Posts:108 Points:67,615 Joined:Dec 2012	Message Posted: Jan 30, 2013 7:40:27 AM Ignore billbillON Report Abuse wow
billbillON Sophomore Author Ottawa Posts:108 Points:67,615 Joined:Dec 2012	Message Posted: Jan 30, 2013 7:40:16 AM Ignore billbillON Report Abuse wow
brbts Champion Author Charlotte Posts:3,628 Points:773,440 Joined:Feb 2011	Message Posted: Jan 30, 2013 7:38:24 AM Ignore brbts Report Abuse Yet still closing plants and laying off workers (here in North Carolina). Guess you have to take the good with the bad...
Eagle3236 Champion Author Missouri Posts:1,138 Points:207,225 Joined:Oct 2012	Message Posted: Jan 30, 2013 7:29:16 AM Ignore Eagle3236 Report Abuse WOW!
xgojim All-Star Author Michigan Posts:519 Points:450,045 Joined:Mar 2011	Message Posted: Jan 30, 2013 7:20:55 AM Ignore xgojim Report Abuse First Ford, now Chrysler. This is good for the USA!