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.
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Tags: Chrysler, Earnings/Financials
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