The Los Angeles Times reports:
Chrysler Group reported its third consecutive quarterly profit and logged its best financial performance in more than a decade, a turbulent period of changing owners with varied business strategies for the Detroit automaker.
Chrysler said it posted net income of $473 million for the first quarter of 2012, up more than 300% from $116 million a year ago. The company said the gains were driven primarily by a 40% increase in U.S. retail sales.
