Photo: Chrysler
That figure translates to a 22 percent hike compared to the second-quarter of 2013, which is encouraging news after a slightly embarrassing first-quarter. Chrysler also posted sales earnings of $20.5 billion, up 14 percent compared to the $18 billion the company has reported the previous year.
In terms of worldwide sales, 723,000 vehicles sold equate to a 12 percent rise over the second-quarter of 2013. The United States racked 12.1 percent market share for the quarter, while Canadian market share was 15.3 percent. Top-selling nameplates include the Ram pickup truck in both light and heavy duty guise, as well as the Jeep Cherokee.
Even if there are still two quarters to go this current year, Chrysler has officially reaffirmed that its guidance for 2014 is just as before. It basically tells that the manufacturer expects to sell 2.9 million vehicles by year's end, while net revenue will exceed the $80 billion mark.
With 533,000 automobiles, pickups and vans sold in the United States, Chrysler has gained 0.8 percent market share in the automaker's home market. Last but not least, the adjusted net income of $1.1 billion excludes the unfavorable effects of infrequent items recorded in the first quarter of 2014, related to the company’s prepayment of a note held by the UAW Retiree Medical Benefits Trust and other charges.
Including infrequent items, net loss for the first half of the current year was $71 million.
Even if there are still two quarters to go this current year, Chrysler has officially reaffirmed that its guidance for 2014 is just as before. It basically tells that the manufacturer expects to sell 2.9 million vehicles by year's end, while net revenue will exceed the $80 billion mark.
With 533,000 automobiles, pickups and vans sold in the United States, Chrysler has gained 0.8 percent market share in the automaker's home market. Last but not least, the adjusted net income of $1.1 billion excludes the unfavorable effects of infrequent items recorded in the first quarter of 2014, related to the company’s prepayment of a note held by the UAW Retiree Medical Benefits Trust and other charges.
Including infrequent items, net loss for the first half of the current year was $71 million.
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