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Main > Car Makers News > Chrysler > Chrysler expects to be profitable within 3 years With Chrysler’s new owners Cerberus Capital Management making the hard and fast decisions, the carmaker is now on track to return to profitability. Even with the worsening U.S. economy and fluctuating exchange rates and commodity prices, CEO Bob Nardelli is confident Chrysler will be profitable within the next couple of years despite predictions the market will remain sour. Analysts expect U.S. auto sales to fall to 15.5 million cars this year, down from 16.1 million last year, but despite his... Full article... Article added: 2008-03-22 19:54:08 Article Views Rating: 209 |
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