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Chrysler profit jumps on higher sales

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DETROIT (AP) -- Just three years out of bankruptcy, Chrysler posted a $1.7 billion profit in 2012 and said it expects to earn more than $2 billion this year.

Improving U.S. auto sales - and better products at Chrysler - were the big reasons for the vast improvement over 2011's profit of $183 million. Chrysler sold 2.2 million cars and trucks worldwide last year, up 18 percent.

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