Chrysler Group Q3 adj. operting profit +22%; net rev +13.5%
Chrysler Group LLC net income for the third quarter of 2013 was $464 million, an increase of 22 percent from $381 million a year ago. Net revenue for the third quarter was $17.6 billion, up 13.5 percent from a year ago. Worldwide vehicle shipments were 593,000 for the quarter, up 6 percent from 559,000 a year ago. Worldwide vehicle sales for the third quarter were 603,000, up 8 percent from a year ago, driven primarily by a 16 percent increase in U.S. retail sales U.S. market share was 11.2 percent for the third quarter, compared with 11.3 percent a year ago; Chrysler Group market share was 14.3 percent in Canada, the same as a year ago Full-year 2013 guidance is confirmed.