Manufacturer of Chrysler cars on U.S. 30/1 announced it has undergone quarter 4/2012 profit as the company's net income increased 68%, primarily due to sales of cars sold in the U.S. market, the company also forecast stronger growth in 2013.
A Product Showroom Chrysler dealers in Chicago, Illinois. (Source: AFP / VNA)
Gross margin in the quarter was above the Chrysler 378 million, while sales reached U.S. $ 17.2 billion, up from $ 15.1 billion in the same period in 2011.
Chrysler forecasts hand cars globally in 2013 will reach 2.6 to 2.7 million units from 2.4 million units last year, while revenue from U.S. $ 72-75 billion.
Chrysler, which is caused by the car manufacturer Fiat of Italy hold a majority stake, is a strong recovery after near bankruptcy and bailout by the U.S. government in 2008.
Also on 30/1, Fiat announced that its net profit achieved in the aforementioned quarter, which increased to 388 million euros ($ 525 million) compared with 265 million euros in the same period last year, and the carrier is aiming to increase profit to 1.5 billion euros this year.
This result is mainly due to sales of Fiat cars sold rose in North America. Fiat revealed the company is targeting a turnover of 88-92 billion euros this year.
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