CHRYSLER SHOWS MAJOR TURNAROUND

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, January 29, 1993                   TAG: 9301290377
SECTION: BUSINESS                    PAGE: A-7   EDITION: METRO 
SOURCE: Knight-Ridder/Tribune
DATELINE: DETROIT                                LENGTH: Short
CHRYSLER SHOWS MAJOR TURNAROUND
Chrysler Corp., whose survival seemed questionable a year ago after losing $795 million, capped off a remarkable turnaround in 1992, turning the loss into a $723 million profit.
With its new lineup of cars and trucks bringing in profits thousands of dollars higher than previous models, Chrysler earnings soared during the last three months of '92. It was the company's most profitable quarter since mid-1989.
Chrysler stock, which was trading at $11 a share at the end of 1991, has more than tripled in value. This month alone, the stock price climbed $7. On Thursday, it closed at $39.875, up 75 cents.
Chrysler's $723 million profit for 1992 translated into net earnings of $2.21 per share, significantly above most analysts' estimates. In the fourth quarter, the net profit was $1.12 per share.

by Bhavesh Jinadra by CNB