Nov 4th, 2009 - Bloomberg
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Nov. 4 (Bloomberg) -- Chrysler Group LLC, the U.S.automaker run by Fiat SpA, has $5.7 billion in cash and added$1.7 billion since leaving bankruptcy June 10, Chief ExecutiveOfficer Sergio Marchionne said.
The third-largest U.S. automaker was profitable on anoperating basis in September because of cost controls,Marchionne said in presenting the company’s five-year businessplan to analysts and journalists today at its headquarters inAuburn Hills, Michigan.
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Congratulations to Steve Jobs, Fortune's CEO of the decade
Nov 5th, 2009 - CNET
Love him or hate him, you have to admit that Apple CEO Steve Jobs has had a helluva decade.
Consider that, under his helm, Apple defined the portable music player market with theiPod...Chrysler's CEO Says Recovery Under Way
Nov 5th, 2009 - Wall Street Journal
Chrysler Group LLC vowed to return to profitability by 2011 and pay back billions of dollars in U.S. bailout loans by 2014, an ambitious set of targets for a company that exited bankruptcy protection just months ago.
Chrysler Projects Breaking Even Next Year, Net Profit in 2011
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- Chrysler Group LLC, the U.S.automaker run by Fiat SpA, said it will break even next year onan operating basis and begin to post a net profit in 2011 as itworks to pay off all of its government loans by 2014.Chrysler's Marchionne Said to Forecast Profit by End of 2011
Nov 3rd, 2009 - Bloomberg
Nov. 3 (Bloomberg) -- Chrysler Group LLC, the money-losingU.S. automaker run by Fiat SpA, expects to break even next yearand be profitable by the end of 2011, three people familiar withthe matter said.
Mulally Spurs Ford Growth With $2700 More Revenue per Vehicle
Nov 3rd, 2009 - Bloomberg
Nov. 3 (Bloomberg) -- Ford Motor Co. Chief ExecutiveOfficer Alan Mulally, after cutting nearly half the automaker’sNorth American employees, is commanding $2,700 more revenue pervehicle as he looks to put the company on a path to growth.
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