Malchow: Chrysler slowly recovers and restore profitability
Super cars news, comprehensive foreign coverage United States automobile manufacturers Chrysler (Chrysler) CEO Malchow (Sergio Marchionne) 11 June wrote to all staff's e-mail said: "as the Chrysler automobile sales rising, Chrysler has returned to profitability and increasing cash flow, which is used to achieve the diversification of the portfolio of products. ”
Malchow is in Chrysler out of bankruptcy protection an anniversary to all employees wrote the above e-mail. June 10, 2009, Chrysler in and Italy car manufacturers Fiat formed alliances and walked out of the bankruptcy protection.
Chrysler United States may sales rose by 33% in first 5 months of sales rose by 8%. Benefit from cost reductions and increased sales, first quarter operating profit up to Chrysler 1.43 million.
Malchow simultaneously or Chrysler Fiat Alliance partner's CEO. Fiat is currently holding a 20% stake in Chrysler, and hope that this year will be holding amount increased to 25%.
(Super car network)