Chrysler Group’s 3Q Net Revenue Increases 13%

The Chrysler Group’s net revenue was $17.6 billion for the third quarter of 2013, up 13.5 percent .

The Chrysler Group’s net revenue was $17.6 billion for the third quarter of 2013, up 13.5 percent from $15.5 billion for the same period last year, primarily driven by an increase in vehicle shipments, including the Jeep Grand Cherokee and Ram pickup trucks.

Net revenue totaled $50.9 billion for the first nine months of 2013. The third quarter marks the company’s ninth consecutive quarter of positive net income. Net income for the first nine months of 2013 totaled more than $1.1 billion.

 “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.”

 

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