|
Posted: 11:27 AM Nov 4, 2009
Chrysler Plans Unfolding
New business plan unfolding today at the company's headquarters in Michigan.
|
|
AUBURN HILLS, Mich. (AP) -- Chrysler CEO Sergio Marchionne says the automaker is on firmer financial footing as it attempts to revive the company's sagging fortunes.
Chrysler is announcing a new business plan at a daylong event Wednesday, including the introduction of three new Dodge cars by 2013 and new exteriors, interiors and engines on most of its current lineup.
A key component of the plan is a midsize sedan based on a bulked up Fiat design. Chrysler hopes the car will make it more competitive in midsize sedans, the largest segment of the U.S. car market.
Marchione says Chrysler had $5.7 billion in cash at the end of September, up more than a billion dollars since the company emerged from bankruptcy protection in June. He also says Chrysler was breaking even for the month of September.
.
| AP Online Video LC |
|
|
- Deadly Hit & Run
- Early Morning Fire Rips Through Rockford Home
- District Fires Drunk Bus Driver and Boss
- Five More Busted for Prostitution in Mid-Town
- The Bank Centre Closing Its Rockford Branch
- NDK Update
- Ellen Presents $30K to Miss. Lesbian in Prom Flap
- Harlem Students Protest the State of Illinois
- UPDATE: Two Serious Accidents, Drivers Walk Away
- Illinois to Launch "Grant Tracker" Online
- 10 Teachers Laid Off in Oregon School District
9 Comments - UPDATE: One Suspect in Rockford Kidnapping in Custody
5 Comments - More Protests at Belvidere Schools
4 Comments - Developer Eyes Downtown Buildings
3 Comments - Putting A Price Tag on Job Loss
3 Comments - NIU Releases Report on 2008 Shooting
2 Comments
| ||
| Per Gallon | ||
|
| ||
| Prices by automotive.com |



