Chrysler

Chrysler does handbrake turn: $183m income after 2010’s losses

Chrysler does handbrake turn: $183m income after 2010’s losses

Chrysler has apparently done the impossible, turning around dire losses of $652m in 2010 to make $183m in income in 2011, with operating profit doubling to $2bn. Announcing its full year 2011 figures today, the car firm even managed to choke down a $551m debt payment in Q2, and still exceeded operating profit against the previous year by 2.5x. It's not from selling a huge increase in cars, either.

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Mopar modded Dodge and Chrysler vehicles at 2012 Chicago Auto Show

Mopar modded Dodge and Chrysler vehicles at 2012 Chicago Auto Show

The 2012 Chicago Auto Show is running right now and at the show, Mopar is showing some modified Dodge and Chrysler vehicles, including the Chrysler 300, a new Dodge Dart, and a special Mopar Jeep Compass. All three of the cool vehicles are modified using factory Mopar parts. There is also a Fiat dubbed the Stinger at the show.

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