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Chrysler turnaround produces profit

AUBURN HILLS, Mich., July 18 (UPI) -- DaimlerChrysler AG's struggling Chrysler Group reported a $777 million adjusted operating profit in the second quarter Thursday and said continued cost-cutting would ensure the unit will finish in the black for 2002. DaimlerChrysler posted net income of $1.09 billion, a 52 percent jump.

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