Strong Q2 results for Chrysler Group

|By:, SA News Editor

Chrysler Group (OTCPK:FIATY) reports revenue increased 14% Y/Y to $20.5B in Q2.

Net income rose 22% to $619M.

Global shipments up 10% to 770K.

Chrysler picked up 70 bps of market share in the U.S. to 12.1% and added 20 bps in Canada to 15.3%.

The automaker ended the quarter with $1B in free cash flow.