Tuesday, October 31, 2006

Chrysler group posts losses

Chrysler Group has posted an operating loss of $1.46bn (£770m) for the third quarter.

Despite the loss parent company DaimlerChrysler, the world’s fifth largest car maker, maintained that it would match its forecast operating profit for 2006 of $6.29bn.

DaimlerChrysler said it had no plans to sell the company.

DATED: 31.10.06

FEED: MT





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