Chrysler came out of the loss

Net profit of the third-largest U.S. automaker - Chrysler Group LLC for the I quarter of this year amounted to 116 million dollars compared to losses of $ 197 million dollars during the same period last year. This is stated in the materials released by the company. According to the report, net revenues of Chrysler during the reporting period increased by 35% - to 13.1 billion dollars against 9.7 billion dollars in the I quarter of 2010. In addition, during the reporting period to 60 thousand copies (+18%) increased sales group, which amounted to 394 thousand cars.

Recall that in spring 2009 Chrysler declared bankruptcy and went out this procedure under the control of a strategic partner - the Italian company Fiat in June 2009. Note that the currently Fiat owns 30% of the shares of American concern. However, the controlling stake in Chrysler still owns the pension fund for union United Auto Workers (59,2%), while the governments of the USA and Canada belong to the packages in 8,6% and 2,2% respectively.

American concern has also announced its intention to return to the U.S. and Canada, loans amounting to 5.8 and 1.7 billion dollars respectively, which were provided by the manufacturer States to maintain its performance during the crisis. Loans will be repaid funds received from new loans and the additional issue of bonds.