Chrysler broke even in September

Nov 4th, 2009 - CNNMoney

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NEW YORK (CNNMoney.com) -- Chrysler Group broke even in September and ended its first post-bankruptcy quarter with more cash on hand than it had at the beginning of the period, the company's new boss said Wednesday.

Sergio Marchionne, the head of the Fiat Group, made the announcement at the beginning of a full-day presentation in Detroit about the Italian automaker's plans to turnaround Chrysler. Marchionne became the new Chrysler CEO when Fiat took a controlling stake in the company in June.

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