Chrysler, the third largest U.S. car manufacturer, is reporting its first profitable year since 1997. Chrysler says it netted $183 million in 2011 after losing $652 million the year before. The company says higher sales of its trademark Jeep model along with new products are responsible for its turnaround. Chrysler chief Sergio Marchionne says all […]
Chrysler Reports First Yearly Profit Since 1997
Posted February 1st, 2012 at 5:25 pm (UTC-5)
Leave a comment
US Auto Maker Chrysler Reaches Labor Deal
Posted October 12th, 2011 at 12:45 pm (UTC-5)
U.S. automaker Chrysler has reached a labor agreement with its unionized workers, the last of the three big American car manufacturers to complete negotiations on new work and salary terms. Chrysler is the third largest of the U.S. automakers, behind General Motors and Ford, and is the least profitable of the three. All three automakers […]
