Chrysler first quarter net loss of nearly 2 billion
Super cars news, according to reports, the Chrysler Group Pengboshe (Chrysler Group) announced on 21 April, by reducing expenses and the introduction of measures such as the large pickup, Chrysler in the first quarter of the 1.43 million operating profit.
Chrysler in a statement, first quarter operating income was $ Chrysler 96.9 million, and the fourth quarter of 2009 increased by 2.7% compared to. First quarter net loss of Chrysler 1.97 billion, and the fourth quarter of 2009 compared to a net loss of $ 26.9 narrowed significantly.
From June 10, 2009 to the end of 2009, Chrysler's operating income for the 177 billion, net loss of $ 38 billion. Chrysler has obtained from the United States Government 150 million loan to Fiat Group acquires 20% stake in Chrysler.
Chrysler says the company will achieve balanced budget this year. The company expects operating income in 2010 will be $ 400 to 500 billion, excluding interest, taxes and depreciation, and other factors of gross margin at 25 to 27 billion.
Fiat fiscal 2009 loss of 25 million euros in 2008, compared with losses of