“When I saw the enormous flood of money Mitt Romney was getting from special interests and billionaire donors, I knew I had to help President Obama, because he’s different. His support comes from the people, because he fights for the people.

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Chrysler has reported its best quarterly profit in thirteen years. Bloomberg Businessweek reports that the company earned $473 million in the first quarter of 2012.

It's a big change from 2009. The recession, which devastated auto sales, brought the company to the brink of financial ruin. Chrysler and its financing arm needed $12.5 billion from U.S. taxpayers to survive. When a government auto task force deadlocked on whether to save the collapsing company, the tie was broken by President Barack Obama.

Then things turned around. Chrysler got the bailout, cut costs in bankruptcy and saw sales improve with the economy. It worked overtime to revamp 16 of its models to make them more appealing to consumers. The results have paid off. Sales have increased steadily through 2011 and into 2012.

Chrysler’s recovery is just one part of the larger auto industry rescue which saved more than 1 million jobs. Read the rest of the article here.

American automakers have posted their March sales numbers—and the Big Three are reporting the biggest monthly profits they’ve seen since before the 2008 financial crisis.

The strong start to the year has led some analysts to raise their sales targets to nearly 15 million vehicles for 2012, up from 12.8 million last year. That's a much faster rebound to that benchmark than analysts anticipated even as recently as last year.

Part of the strong sales for the Detroit automakers came from the fact that they have much stronger offerings in the small car segment of the market than they previously did.

“The economic recovery and a deep bench of fuel-efficient cars and crossovers have been driving our sales for more than a year, but the combined impact has never been stronger than it was in March,” said Don Johnson, vice president, U.S. sales operations for GM.