The positive results in the finances and the increased sales are both in line with the plan drawn back in 2009. Recently, the company and the United Autoworkers, signed a four year pact to ensure the growth of the company, and make sure to reward the workers who helped revive the brand.

Throughout this year, Chrysler has been outpacing the automotive industry in the United States when you look at the sales primarily attributed to their revamped range of vehicles. Vehicles like the Grand Cherokee by Jeep and the Chrysler 300 and Chrysler 200 spearheaded the good comeback of Chrysler. The sales of the brand were up by as much as 23.1% compared to the 3rd quarter sales of 2010, and an improvement of 26.1% for the first nine months of the year. Overall, the auto industry in the U.S. improved its sales by 6% for the third quarter.

The excellent sales performance of Chrysler translates to their increase market share of the U.S. market to 11.6% or 1.9% points.

The car manufacturer also scaled back their incentives which in turn raised their transaction prices. For the quarter, Chrysler’s incentive per transaction is $2,859 which is a big decline from last year’s.

The net revenue of Chrysler for the quarter is $13.1 billion reflecting a 19% improvement looking at their 2010 numbers.

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Democrats in Congress are pushing for a bill that will release a $25 billion loan for the big car companies in exchange that they will give the government ownership stakes. They are hoping for the fast passage of the auto bail out bill.

The plan is to get a chunk from the $700 billion allocated for the Wall Street life line to help the big car manufacturers. The White House has declared that it is open to the idea. President-elect Obama calls for more help to be given to the soul of US manufacturing.

The additional help from the government still needs to pass a lot of road blocks. Car makers are crossing their fingers that it will not be derailed if it goes through the Senate. They are also hoping that the aid will still be able to reach them in time so the industry will be able to survive.

Some politicians are gearing towards hastening for the release of the $25 billion fund for car makers to develop more fuel efficient vehicles. Other lawmakers are thinking of rescue plans going beyond the big three car front liners.

Both Democrats and Republicans also realize that the bail out plan for the auto industry must be planned well so it will benefit both car manufacturers and car buyers.