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Author Topic: Chrysler reports $1.7 billion net profit for 2012 Back to Topics
xgojim
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Michigan

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Message Posted: Jan 30, 2013 7:19:53 AM

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...
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REPLIES (newest first) Post a Reply
dave27johnson
Champion Author Chicago

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Message Posted: Jan 31, 2013 12:46:02 AM

Good news.
schatzila
Champion Author Los Angeles

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Message Posted: Jan 30, 2013 1:09:00 PM

surprising.
peakkeller
Champion Author Colorado Springs

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Message Posted: Jan 30, 2013 11:15:30 AM

That is something!
pilotmass
Champion Author Boston

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Message Posted: Jan 30, 2013 11:08:59 AM

You're right. It will get even better
Norm10
Champion Author British Columbia

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Message Posted: Jan 30, 2013 11:07:33 AM

Don't get too excited - this won't last long!
BEGTWO
Champion Author Maryland

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Message Posted: Jan 30, 2013 11:04:02 AM

Alright Now!!!
BobBG
Champion Author Albany

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Message Posted: Jan 30, 2013 10:40:10 AM

Hopefully the Dart will sell well enough to make them an MPG leader too.
drobbbb
Champion Author Maryland

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Message Posted: Jan 30, 2013 10:32:40 AM

american workers at their best
mastermariner
Champion Author Texas

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Message Posted: Jan 30, 2013 9:47:54 AM

Good for them,
bar1035
Champion Author Charlotte

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Message Posted: Jan 30, 2013 9:16:02 AM

Those dirty bas... oh, wait, that's not a greedy oil company
eschroth442
Champion Author Cleveland

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Message Posted: Jan 30, 2013 9:02:51 AM

guess the american automakerr isn't so dead
SUNOIL
Champion Author Toledo

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Message Posted: Jan 30, 2013 8:49:45 AM

Good for them, now focus on MPG
angel4me
Champion Author San Jose

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Message Posted: Jan 30, 2013 8:41:30 AM

they have improved quite a bit...........
bigt61
All-Star Author Virginia

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Message Posted: Jan 30, 2013 8:35:24 AM

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

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Message Posted: Jan 30, 2013 8:30:17 AM

A "preoccupation with quality" had better be #1, because it sure wasn't in the past.
Rockyguitar
Champion Author Tampa

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Message Posted: Jan 30, 2013 8:23:01 AM

You're welcome........(thanx to our tax dollars for union bailouts)
sabre75
Champion Author Florida

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Message Posted: Jan 30, 2013 8:18:11 AM

Good.
Nancy&Len
Champion Author Cleveland

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Message Posted: Jan 30, 2013 8:17:41 AM

Me too listerone .
humblepie
Champion Author Toledo

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Message Posted: Jan 30, 2013 8:11:07 AM

fiat made money big whoop
GingoutMD
Champion Author Maryland

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Message Posted: Jan 30, 2013 8:08:26 AM

Congrats to Chrysler... now let's see them build some even better and grow like Ford.
SSwathwood
All-Star Author Denver

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Message Posted: Jan 30, 2013 8:06:15 AM

Good for Chrysler and the economy.
pleinyeux
Champion Author Montreal

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Message Posted: Jan 30, 2013 8:06:07 AM

I need 1% only / lol
lcleveland
Champion Author San Antonio

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Message Posted: Jan 30, 2013 8:02:11 AM

going with WOW
listerone
Champion Author Boston

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Message Posted: Jan 30, 2013 8:01:29 AM

Chrysler builds crap.They always have...they always will.I'd walk before I'd own a Chrysler product.
doeslayersr
Champion Author Illinois

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Message Posted: Jan 30, 2013 7:49:29 AM

Interesting to say the least......
BigRedVTX
Champion Author Georgia

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Message Posted: Jan 30, 2013 7:46:50 AM

One must remember where these figures arise from.
Also keep in mind where the controlling interest in Chrysler lie.
Evilmaddog
Champion Author British Columbia

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Message Posted: Jan 30, 2013 7:41:56 AM

going the right direction
billbillON
Sophomore Author Ottawa

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Message Posted: Jan 30, 2013 7:41:04 AM

wow
billbillON
Sophomore Author Ottawa

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Message Posted: Jan 30, 2013 7:40:37 AM

wow

[Edited by: billbillON at 1/30/2013 7:41:00 AM EST]
billbillON
Sophomore Author Ottawa

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Message Posted: Jan 30, 2013 7:40:27 AM

wow
billbillON
Sophomore Author Ottawa

Posts:108
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Message Posted: Jan 30, 2013 7:40:16 AM

wow
brbts
Champion Author Charlotte

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Message Posted: Jan 30, 2013 7:38:24 AM

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

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Message Posted: Jan 30, 2013 7:29:16 AM

WOW!
xgojim
Champion Author Michigan

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Message Posted: Jan 30, 2013 7:20:55 AM

First Ford, now Chrysler. This is good for the USA!
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