Exhibit 12-B
Chrysler Corporation and Consolidated Subsidiaries
Computations of Ratios of Earnings to Fixed Charges
and Preferred Stock Dividend Requirements
Year Ended December 31,
-----------------------------------------------------
1996 1995 1994 1993 1992
---- ---- ---- ---- ----
Net earnings before extraordinary
item and cumulative effect of
changes in accounting principles $3,720 $2,121 $3,713 $2,415 $ 505
Add back:
Taxes on income 2,372 1,328 2,117 1,423 429
Fixed charges 1,339 1,359 1,267 1,433 1,732
Amorization of previously capitalized
interest 111 103 87 94 87
Deduct:
Capitalized interest 156 204 177 176 176
Undistributed earnings from less
than fifty percent owned affiliates 14 18 15 2 7
------ ------ ------ ------ ------
Earnings available for fixed charges $7,372 $4,689 $6,992 $5,187 $2,570
------ ------ ------ ------ ------
Fixed charges:
Interest expense $1,007 $ 995 $ 937 $1,104 $1,405
Capitalized interest 156 204 177 176 176
Credit line commitment fees 15 10 10 10 10
Interest portion of rent expense 161 150 143 143 139
Gross-up of preferred stock dividends
of majority-owned subsidiaries (CFC)
to a pre-tax basis -- -- -- -- 2
------ ------ ------ ------ ------
Total fixed charges $1,339 $1,359 $1,267 $1,433 $1,732
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Ratio of earnings to fixed charges 5.51 3.45 5.52 3.62 1.48
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Preferred stock dividend requirements 5 33 125 127 128
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Ratio of earnings to fixed charges and
preferred stock dividend requirements 5.49 3.37 5.02 3.33 1.38
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Equity taken up in earnings of less than
fifty-percent owned affiliates $ 14 $ 18 $ 15 $ 2 $ 11
-- -- -- -- 4
Deduct - Dividends paid by affiliates ------ ------- ------ ------ ------
Undistributed earnings from less than
fifty-percent owned affiliates $ 14 $ 18 $ 15 $ 2 $ 7
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<FN>
The ratio of earnings to fixed charges is computed by dividing Earnings
available for fixed charges by Total fixed charges. The ratio of earnings to
fixed charges and preferred stock dividend requirements is computed by
dividing Earnings for fixed charges by the sum of Total fixed charges and
Preferred stock dividend requirements.