In a letter today to Chrysler employees, Marchionne indicated that eligible unionized and salaried employees would receive a "performance award," but did not indicate the amounts. On Tuesday, Ford said its hourly workers would received a record profit-sharing bonus of $8,800 -- up from $8,300 a year ago.
Rising market share
Chrysler's U.S. market share rose two-tenths of a percentage point to 11.6 percent in 2013 on U.S. sales of 1.8 million vehicles, according to the Automotive News Data Center. The automaker's U.S. sales were up 9 percent in 2013, buoyed by sales of its reengineered pickup line and SUVs.
The Jeep Cherokee went on sale in the United States in late October after a two-month delay.
Globally, Chrysler said it delivered just over 2.6 million vehicles in 2013, including vehicles it makes for other automakers, primarily for parent company Fiat. The automaker said it had sales of 592,000 units during the fourth quarter, up 11 percent from the same period a year ago.
The company reported cash of $13.3 billion, up from $11.6 billion one year ago, and said it had a gross industrial debt of $12.3 billion at the end of 2013, down from the $12.6 billion it had at the same point in 2012.
This is the first time that Chrysler Group has reported more cash than debt since the company was created from its U.S. government-backed bankruptcy reorganization in 2009.