1-30-14
Radio managers around the country love to hear positive news about the auto industry. Big auto revenue means heavy Thursday, Friday, and Saturday morning spotloads with screaming car dealers urging the general population to get into a new vehicle. Adjusted net income for the quarter was $659 million. Fourth-quarter revenue advanced 24 percent to $21.2 billion. For 2013, Chrysler posted net income of $2.8 billion, up 65 percent from the $1.7 billion annual profit posted in 2012. Adjusted net income for the year was $1.8 billion. Revenue for 2013 was $72.1 billion, up 10 percent from $65.8 billion in 2012.
