Automobile World

Thursday, October 26, 2006

Chrysler losses reflect declining fortunes of US car industry

Chrysler losses reflect declining fortunes of US car industry

David Gow Brussels

The Guardian

26 Oct 2006



Chrysler, America’s third-largest car company, is to start a savage cost-cutting programme and shift towards more fuelefficient models to halt mounting losses that hit €1.16bn (780m) in the third quarter. Chrysler’s losses, prompted by a 26% fall in... read more...

0 Comments:

Post a Comment

<< Home