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Tuesday, 12/13/2011 10:41:02 PM

Tuesday, December 13, 2011 10:41:02 PM

Post# of 482603
Thank YOU TIME Magazine ..! ........;)



WSJ: Chrysler Group LLC is on track to generate $3 billion in operating profit in 2012 thanks to rising vehicle sales in a recovering U.S. auto market, the company’s chief executive said Tuesday.

The auto maker should see its global sales reach two million cars and trucks this year, and rise 20% to 2.4 million in 2012…

….In the first three quarters of this year, Chrysler made $1.47 billion in operating profit. Year-to-date, the company has reported a net loss of $42 million, in part because it was paying interest on U.S. government loans for much of the year.

…. For the first three quarters of this year, GM reported $7.7 billion in net income, and Ford $6.6 billion.

http://online.wsj.com/article/SB10001424052970204336104577096870888839962.html





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