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Tuesday, 30 March 2010

Chrysler to Break Even on Operating Basis in Automotive Forum 2010

Chrysler to Break Even on Operating Basis in Automotive Forum 2010
by news and trends

Chrysler

Chrysler

NEW YORK—Chrysler Group LLC Chief Executive Sergio Marchionne reiterated that the auto maker “intends to break even” on an operating basis this year and said it holds more than $5 billion in cash.

“We are confident that we can meet our ambitious but achievable goals,” Mr. Marchionne said during a keynote address at the Automotive Forum 2010 in New York Tuesday. “The amount of work that had been done to bring down the break-even point, that number ended up being lower than most people thought.”



NEW YORK—Chrysler Group LLC Chief Executive Sergio Marchionne reiterated that the auto maker “intends to break even” on an operating basis this year and said it holds more than $5 billion in cash. “We are confident that we can meet our ambitious but achievable goals,” Mr. Marchionne said during a keynote address at the Automotive Forum [...]

Chrysler to Break Even on Operating Basis in Automotive Forum 2010
Chrysler to Break Even on Operating Basis in Automotive Forum 2010


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