Briggs Chrysler and the Chrysler Group Announce a Solid Third Quarter for 2011

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Briggs Chrysler is happy to report that Chrysler Group LLC has a Third Quarter Net Income of $212 Million Dollars for this year.

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Briggs Chrysler- one of the leading Chrysler dealerships in Lawrence, Kansas would like to announce that the Chrysler Group had a preliminary net income for the third quarter of 2011 that came in at a whopping $212 million. These numbers are much higher than last year’s sales when Chrysler Group reported a net loss of $84 million dollars. Chrysler Group continues to increase sales with new car models as well as their new pairing with Fiat S.p.A.

In the third quarter of 2011, overall net revenue was $13.1 billion, showing an 18 percent increase over 2010’s third quarter. Chrysler Group attributes these changes in revenue to the increased demand for Chrysler Group’s new vehicle models, on top of coupling up with Fiat.

Chrysler executives and employees are very happy with the new figures and the achievements that have taken place in 2011. Briggs Chrysler is very excited about the future of Chrysler, Dodge, Jeep and Ram and what will take place the rest of 2011.

“In the third quarter, Chrysler Group achieved increased sales and positive financial results, totally in line with the plan we laid out in November 2009, said Sergio Marchionne, Chairman and CEO of the Chrysler Group.

Obviously Chrysler has achieved their goals and exceeded the expectations of other automakers.

Briggs Chrysler is features a large selection of Chrysler cars in Lawrence, KS as well as Dodge, Jeep and Ram trucks. There are many used cars in Lawrence as well at Briggs Chrysler.

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Eric Giroux
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