Taxpayers in the United States lost $1.3 billion when Fiat bought back all the remaining Chrysler stocks held by the U.S. government (U.S. taxpayers lost at least $14 billion, between Chrysler and GM).

Now Chrysler/Fiat is claiming they lost money too.  Chrysler would have reported a profit for the second quarter of 2011, it weren’t for the stock buy back, which they claim cost $551 million.

Chrysler is also reporting a 30% increase in sales revenue (compared to the second quarter of 2010), but don’t think you can buy some of that Chrysler stock, they’re privately held by Fiat and Union trust funds.