Chrysler reports $197M 1Q loss, cash balance grows – Auto Market

Chrysler reports $197M 1Q loss, cash balance grows – Auto Market
by news and trends



DETROIT — Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year, but the automaker says its fortunes improved dramatically in the first quarter. The struggling company, now run by Italy’s Fiat Group SpA, cut its net loss to $197 million from [...]

Chrysler reports $197M 1Q loss, cash balance grows – Auto Market
Chrysler reports $197M 1Q loss, cash balance grows – Auto Market

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