Chrysler Group LLC (CGC) Posts 22% Increase in Q2 Net Income

Chrysler Group (NYSE: CGC) reported Q2 revenue of $20.45 billion and adjusted net income of $619 million, from revenue of $17.99 billion and net income of $530 million posted in the same period last year.

Modified EBITDA(c) was $1.7 billion for the quarter, or 8.3 percent of net revenue, up 14 percent from $1.5 billion a year earlier.

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