Chrysler said on Monday that it narrowed its loss in the second quarter to $172 million and recorded its second consecutive operating profit as sales and revenue increased.

The carmaker earned $183 million in operating income, which excludes one-time charges, an improvement of $40 million over the first quarter. The overall loss, primarily attributable to interest payments on Chrysler's government loans, was $25 million less than in the first quarter and far smaller than its fourth-quarter loss of $2.7 billion.

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