Nov 4th, 2009 - Reuters
* Fiat CEO Marchionne presents 5-year Chrysler plan * CEO says Chrysler not losing money * Plan central to U.S.-taxpayer recovery from Chrysler * Sees $2.9 bln in cumulative cost savings from purchasing * Forecasts break-even on a net profit basis by 2011 (Recasts, adds CEO comments, analyst comment, other details) By Jo Winterbottom and Soyoung Kim DETROIT, Nov 4 (Reuters) - Chrysler's new boss offered anupbeat outlook on the ailing automaker on Wednesday, saying thecompany is making an operating profit and building cash thanksto the massive cost savings it has enjoyed thanks to its brieftrip through bankruptcy a few months ago.
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DETROIT (Reuters) - Chrysler is making an operating profit and building cash, the No. 3 U.S. automaker's boss told reporters and industry executives on Wednesday as he unveiled a five-year plan to turn the company around. Sergio Marchionne...
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