Chrysler CEO Sergio Marchionne has made a recent statement in which he confirmed his optimism in Chrysler’s performance since it has surpassed all expectations by achieving profitability and plugging a severe cash leak in less than a year since filing for bankruptcy. His statement was pretty much full of words of praise for the American company but it did contain...
Chrysler Group LLC has just revealed its latest figures and the most interesting one available is the operating profit margin that reaches 143 million dollars. The other interesting figure they published refers to the positive cash flow and the total of 8.9 billion dollars they have available. This is the first financial report Chrysler has published since June 2009 when...
Well at least this is what Sergio Marchionne, Fiat SpA and Chrysler Group LLC CEO has to say about recent undergoing procedures to cut costs at Chrysler and to eventually turn it around. Marchionne also said that in terms of the market share numbers coming out of the U.S., it’s a slow, gradual process, a re-making exercise and it will...
