Chrysler head Sergio Marchionne said on Wednesday the company would “make an operating profit” in the second quarter of 2010.

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Marchionne, also Fiat CEO, did not offer any other details on Chrysler results during a conference call with analysts on Fiat’s second quarter results, Agence France Presse (AFP) reported.

He said a conference call on Chrysler’s results would be held on 9 August.

In the first three months of 2010, Chrysler made an operating profit of US$143m (EUR111.5m) and a net loss of $197m.

Chrysler sales in the second quarter grew 22% quarter on quarter to 407,000 vehicles with US sales growing 24% to 292,000 vehicles, according to a Fiat presentation.

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