Increased shipments drive Chrysler’s earnings higher

Jul 30, 2013 | 04:37 PM | Corinna Petry

Tags  Chrysler, earnings report, Sergio Marchionne, vehicle deliveries, industry sales, transaction prices, Corinna Petry

CHICAGO — Chrysler Group LLC’s earnings rose strongly in the second quarter, which the automaker said was driven primarily by an increase in vehicle shipments.

The Auburn Heights, Mich.-based automaker posted net income of $507 million for the three months ended June 30, up 16.2 percent from $436 million in the same period last year on a 7.1-percent increase in sales to more than $17.99 billion.....

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