Chrysler, the US auto-maker controlled by Italian group Fiat, reported a third-quarter net profit of $464 million on Wednesday, marking a 22.0-percent rise from the equivalent figure last year.
A pre-owned Chrysler Jeep Grand Cherokee for sale on June 18, 2013 in Hollywood, Florida
The figure gave a boost to shares in Fiat auto which owns 58.5 percent of Chrysler.
Shares in Fiat, which was to publish its quarterly results later in the day, were showing a gain of 1.29 percent to 5.09 euros.
Chrysler, reporting the profit figure which is equivalent to 337 million euros, stood by its full-year targets for 2013.
Chrysler is aiming for a net annual profit of $1.7-2.2 billion and an adjusted operating profit of $3.3-3.8 billion.
Sales in the third quarter jumped by 13.5 percent to $17.6 billion and adjusted operating profit rose by 22.0 percent to $862 million.
Latest stories in this category:
- Probe into London theatre ceiling collapse which injured 76
- Khodorkovsky leaves Russia for Germany after release
- US economy grew 4.1% in third quarter
- BlackBerry reports $4.4 bn net loss in third quarter
- Angry India tells US 'times have changed' after diplomat spat
- Khodorkovsky freed after 10 years in jail
- Uganda adopts draconian anti-gay bill
- German consumer confidence rises at year-end: survey