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New models, less debt lift Chrysler

DETROIT — Chrysler said Monday that its third-quarter profit rose 80 percent on the strength of new models, less debt, and steadily growing sales in both US and international markets.

The third-largest Detroit carmaker said that it earned $381 million in net income, up from $212 million in the same period a year ago. Revenue for the quarter was $15.5 billion, an 18 percent increase from $13.1 billion in the same period last year.

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