Chrysler Reports Q3 Net Income of $464 Million
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At the same time, the Detroit-based company posted a net income for the first three quarters of 2013 of $1.1 billion (€800 million). Worldwide vehicle sales for the third quarter were 603,000, up eight percent over the same period last year. On the other hand, US market shares dropped slightly from 11.3 percent in Q3 2012 to 11.2 percent last quarter.
"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 Group LLC Chairman and CEO Sergio Marchionne said. "We also are pleased to introduce the already award-winning Jeep Cherokee to the lineup, as it launches into the largest SUV segment in the United States."
Scroll below to have a look at Chrysler’s full press blast.
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