Automotive News today reported that Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance.

The results, released today, marked the automaker’s third straight operating profit. Chrysler’s third-quarter net loss was $84 million, down from $172 million in the second quarter. It was Chrysler’s smallest quarterly net loss since emerging from bankruptcy 17 months ago.