At Fields Chrysler Jeep Dodge, every day is important. That's because every day we strive to provide our customers with the greatest service we can offer. It's not about sales or numbers - it's about drivers and cars, the two things that make our business possible.
But every once in a while, we take a step back to see where we are, and as we look back at the second quarter of 2012, we like what we see. That's because Chrysler has achieved a $436 million net profit in Q2. Why are we so proud of this particular number? All we have to do is look back a year ago, to when Chrysler posted a $370 million loss in the second quarter of 2011. It was also in Q2 of 2011 that Chrysler needed to pay the U.S. government $551 million in loans.
We've come a long way since then and we're proud of our progress, but we're not going to stop working. Last quarter represented a 23-percent increase in revenue, which reached $16.8 million, while worldwide sales hit 582,000 units in a 20-percent increase. On top of all that, Chrysler was able to claim $12.1 billion in cash at the end of the quarter as opposed to $11.3 billion at the end of June.
As we look ahead at the third quarter, we know that slowing our pace is not an option. Demand for reliable and revitalized vehicles like the Dodge Ram models that Evanston drivers love is fueling Chrysler sales, and now that loans are out of the picture, the future looks even brighter for Chrysler. This is especially true when you consider that Chrysler sold 1.23 million vehicles in the first six months of 2012, and if this trend continues, we can expect to surpass the company goal of 2.4 million for the whole year.