In the first quarter, Chrysler recorded a net profit of $116 million, its first since exiting a U.S.-steered bankruptcy under the control of Italy's Fiat S.p.A. Milestones in the second quarter included: -- The May 24 repayment of $5.9 billion to the U.S. government and $1.7 billion to Canada, six years ahead of the original schedule. -- Refinancing its debt with a $3.0 billion senior secured loan, $3.2 billion in secured notes and a $1.3 billion revolving line of credit. -- Worldwide shipments rose 19 percent to 514,000 units and marked this first time that figure had topped 500,000 units in a quarter since Chrysler exited bankruptcy in June 2009. As part of the refinancing, Fiat exercised an option to lift its stake in Chrysler to 46 percent from 30 percent. Last week, Fiat ended U.S. and Canadian taxpayer ownership by paying $625 million to acquire the U.S. Department of Treasury's remaining 6 percent holding as well as Canada's 1.5 percent stake.