Chrysler reports Net Operating Profit? After GAAP Accounting ?Tricks?
Chrysler today issued its financial results for the third quarter 2010 and revised upwards its full year 2010 guidance based on continued operating performance improvements. "A year ago, Chrysler Group laid out clear and concise five year financial goals and after three consecutive quarters of better than forecasted results, we are not only living up to our commitments but we are also exceeding our 2010 financial objectives,? said Sergio Marchionne, Chief Executive Officer of Chrysler Group. ?Chrysler?s financial success is dependent upon the vehicles we design, build and sell.