The 2013 Dodge Dart Rallye in Silver

Chrysler reports 2012 Q2 net income of $436 million

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The Chrysler Group announced their financial results for the second quarter (Q2) of 2012 with impressive results including a new income of $436 million – a 141% increase over the second quarter of 2011 – while also seeing their worldwide shipments increase by 22%.

The Chrysler Group has been one of the strongest automakers doing business in the US and the results of their second quarter (April, May, June) 2012 show just how well things are going for the smallest of the Detroit Big 3.

Through the second quarter of 2012, the Chrysler Group shipped over 630,000 to dealerships around the globe, an increase of 22% compared to the same period last year when Chrysler sent out just 514,000 new vehicles. This increase allowed Chrysler to sell 582,000 vehicles worldwide in April, May and June 2012 which accounts for a 20% increase in sales compared to Q2 of 2011.

“Our results reflect a tireless pursuit by the people of Chrysler Group to deliver the very best quality and value across our brands,” said Sergio Marchionne, Chrysler Group LLC Chairman and Chief Executive Officer. “Together, we are always striving to achieve more, to learn from the past and build upon our successes. Nowhere is our dedication more evident than in the all-new Dodge Dart, with up to 41 mpg highway and levels of customization not typically found in the compact car segment.”

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