Chrysler, the smallest of the American automakers, on Wednesday reported a big increase in 2012 earnings that helped its Italian parent company, Fiat, become profitable for the year as well.
Chrysler said that its net income soared to $1.67 billion last year — about nine times as much as the $183 million it earned in 2011.
The exponential increase underscored the company’s comeback from its government bailout and bankruptcy in 2009, when it was taken over by Fiat.
Source
The New York Times