Chrysler Reports Record Profit
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HIGHLAND PARK, Mich. — Chrysler Corp. today reported fourth-quarter earnings of $610 million, bringing its 1984 profit to a company record $2.4 billion.
That put last year’s earnings by the Big Three auto makers at nearly $10 billion, far exceeding the $6.15 billion of 1983, the previous record year. Ford announced its earnings Wednesday--a $721-million profit for the fourth quarter and a record $2.9-billion profit for the year. General Motors last week announced it had a profit of $4.5 billion last year, an industry record.
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