Notices
Off Topic A place to boldly go off topic. Just about anything goes.

Chrysler Makes a Profit!

Old 05-03-2011, 01:59 PM
  #1  
Senior Member
Thread Starter
 
Join Date: Mar 2007
Location: New Jersey
Posts: 1,734
Likes: 0
Received 0 Likes on 0 Posts
Smile Chrysler Makes a Profit!

Today it was announced that Chrysler made a $116 million profit in the first quarter on revenues of $13.1 billion. The company had not reported a profit since 2006 (pre-Challenger).

Sergio Marchionne, Chrysler CEO, said that "we are very pleased with the results...more than the numbers, I think they indicate that we are on the right path."

Staying on that path is crucial for Chrysler, which hopes to hold a public offering later this year or early next year. Investors, however, want to see a string of profitable quarters before that happens.
Cuda340 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
RLSH700
Off Topic
3
04-05-2007 04:03 PM
RLSH700
Off Topic
3
10-04-2006 11:32 AM
1 Bad Mirada
Challenger News
0
07-13-2006 09:47 AM
1 Bad Mirada
Challenger News
0
07-13-2006 09:18 AM


Quick Reply: Chrysler Makes a Profit!


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: