Rafaelc100's Space

Chrysler lost $1,111 per vehicle

Posted Tuesday, Jun 24, 2008 by rafaelc100

For most managers, it makes sense that if you're losing money on every product you sell, then perhaps you're in the wrong business. Try telling that to the execs working for the Detroit 3, which on average lost a substantial $1,073 on every vehicle sold in North America last year. While GM and Ford can rely on significant sales in more profitable global markets, struggling Chrysler is much more severely affected by trends back home.

Tags: Chrysler, Earnings/Financials

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rafaelc100

United States

  • Gender: Male
  • Age: 27
  • Since: 25 May 2008
  • Last Login:1 Dec 2008

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