Chrysler recently released its third-quarter earnings, and it had plenty of good news to share with fans. The automaker saw its profits rise 22 percent in the three-month time period - largely in part to a surge in popularity of its Ram Truck brand and Jeep SUVs. As 2014-year models from these lines enter the marketplace, Chrysler hopes to capitalize on their popularity and continue growing revenue while enhancing their reputation.
In total, revenue jumped 13.5 percent to $17.6 billion. That is significantly more than the $15.5 billion mark it hit at the same time last year, the Detroit Free Press reported.
"Chrysler Group's ninth consecutive quarter of positive net income highlights our commitment to producing award-winning vehicles for consumers, such as the Jeep Grand Cherokee and the Ram 1500," Chrysler CEO Sergio Marchionne said in a statement. "We also are pleased to introduce the already award-winning Jeep Cherokee to the lineup, as it launches into the largest SUV segment in the United States."
Although there were approximately two months worth of delays facing the Jeep Cherokee, the SUV was still able to be unveiled in the third quarter and immediately started attracting attention. The Cherokee is replacing the Jeep Liberty in the lineup - a move that should please those who are drawn to off-road driving, as the Cherokee has a strong reputation as a top-notch off-road vehicle.
As the Ram Truck continues to receive accolades, Chrysler's earnings will likely keep growing. Fans of off-roading will certainly want to take a look at the brand's options for both pickup trucks and Jeeps, as all of the vehicles present an option that is capable of handling rugged terrain and rough conditions.