Chrysler Profits Jump 20.8%
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HIGHLAND PARK, Mich. — Chrysler Corp. reported today that its profits in the third quarter rose 20.8% from a year earlier, saying increased sales from low-interest financing deals boosted earnings.
The company said its profits in the quarter ending Sept. 30 totaled $316.2 million, or $2.75 a share, compared to earnings of $261.6 million, or $1.88 a share, in the same period of 1984. Chrysler said its share of the U.S. passenger car and truck market, including imports, increased to 11.2% in the quarter, compared with 10.8% a year earlier.
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