DETROIT, Jan 30 (Reuters) - Chrysler Group LLC's forecast of reduced free cash flow in 2013 is the result of a slower rate of growth of auto sales and higher capital expenditures, Chief Financial Officer Richard Palmer said on Wednesday. Chrysler said that both its 2013 and 2014 free cash flow would be about $1 billion, down from $2.2 billion last year. Still, Chrysler Chief Executive Officer Sergio Marchionne, speaking on a conference call, said 2013 free cash ...
Premium Content (PAID Subscription Required)
"Chrysler 2013 free cash reduced by higher capex, less growth-CFO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642