Exhibit 12-B

<TABLE>
<CAPTION>
              Chrysler Corporation and Consolidated Subsidiaries
             Computations of Ratios of Earnings to Fixed Charges
                  and Preferred Stock Dividend Requirements
                            (dollars in millions)

                                          Six Months Ended June 30,
                                          -------------------------
                                               1997        1996
                                               ----        ----
                                                  (unaudited)
<S>                                           <C>         <C>   
Net earnings before extraordinary item
 and cumulative effect of changes in
 accounting principles                        $1,512      $2,042
 Add back:
  Taxes on income                              1,003       1,348
  Fixed charges                                  673         700
  Amortization of previously capitalized
   interest                                       63          56
 Deduct:
  Capitalized interest                            97          81
  Undistributed earnings from less
   than fifty percent owned affiliates             3           9
                                              ------      ------
Earnings available for fixed charges          $3,151      $4,056
                                              ======      ======

Fixed charges:
 Interest expense                             $  488      $  534
 Capitalized interest                             97          81
 Credit line commitment fees                       4           8
 Interest portion of rent expense                 84          77
 Gross-up of preferred stock dividends
  of majority-owned subsidiaries (CFC)
  to a pre-tax basis                              --          --
                                              ------      ------
Total fixed charges                           $  673      $  700
                                              ======      ======

Ratio of earnings to fixed charges              4.68        5.79
                                              ======      ======

Preferred stock dividend requirements              1           3
                                              ======      ======

Ratio of earnings to fixed charges and
 preferred stock dividend requirements          4.68        5.77
                                              ======      ======

Equity taken up in earnings of less than
 fifty-percent owned affiliates               $    3      $    9
Deduct - Dividends paid by affiliates             --          --
                                              ------      ------
Undistributed earnings from less than
 fifty-percent owned affiliates               $    3      $    9
                                              ======      ======
</TABLE>



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.