Chrysler expects to recover cash position in Q4, Marchionne says

Newswire

DETROIT, Oct 30 (Reuters) - Chrysler Group LLC said on Wednesday that it expects to be cash-flow positive in the fourth quarter, as the No. 3 U.S. automaker recovers from what Chief Executive Sergio Marchionne called the "painful" launch of the Jeep Cherokee mid-size SUV. Technical glitches in the Cherokee's new nine-speed automatic transmission forced Chrysler to delay shipment of more than 30,000 Cherokee SUVs. Marchionne said the Cherokee will be in "adequate" supply at ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×