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Chrysler's 2Q net income up 16 pct on US sales

wochit business
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July 30, 2013 AT 1:19 PM
Chrysler said that its sales picked up in the second quarter thanks to strong U.S. demand for trucks and SUVs. But the company cut its target for full-year sales and profit, blaming persistent problems as it adds more shifts and ramps up production of vehicles like the Ram pickup and the Jeep Cherokee small SUV.