Chrysler Group's First Quarter Profits Quadruple to $473 Million, Best Result Since 1998

While the Italian side of the Fiat-Chrysler alliance is having troubles on the other side of the Atlantic, the American division of the group is thriving.

Today, the Chrysler Group announced that it earned $473 million for the first quarter of 2012, up more than 300 percent from $116 million a year ago, mainly due to strong U.S. sales where the company reported a 40 percent increase.

Read more »