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Chrysler posts huge profits in 2012
Posted: 01.30.2013 at 4:24 PM
Kevin Kistner

Kevin is the Senior Producer at WNWO.

Read more:  Local, Economy, Business, Consumer, Automotive, Ohio, Toledo Ohio, Detroit, Chrysler, Chrysler Profits, Chrysler 2012 Profits, Jeep

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DETROIT -- Toledo-area Chrysler workers have something to smile about .

The number three US automaker says its profits jumped $1.7 billion in 2012.

Chrysler's profits were nine times higher than the $183 million the carmaker recorded in 2011.

This is just one more step in Chrysler's turnaround.   The company declared bankruptcy in 2009 and needed a government loan to survive.

Chrysler's sales rose 18% last year thanks in large part to strong sales of the Toledo built Jeep.

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