Helped by robust sales of Jeep sport-utility vehicles and Ram pickup trucks, Chrysler Group on Wednesday reported a jump in profits for the second quarter.
The automaker said it earned $619 million, up 22% from the same period a year earlier. Revenue jumped 14% to $20.5 billion.
Chrysler, which is in the final stages of merging with Italian automaker Fiat to create Fiat Chrysler Automobiles, said it had global vehicle sales of 723,000 in the quarter, up 12% from a year earlier.
Much of the gain came from increased retail sales in the U.S. The automaker’s sales to fleet customers – rental car companies, commercial businesses and government agencies -- declined...