Chrysler plans 'aggressive' cut in fleet sales

Newswire

DETROIT, April 27 (Reuters) - Chrysler Group plans an "aggressive" reduction in sales to rental agencies and other fleet operators in order to shore up the residual value of its cars and trucks over three years, executive said on Friday. Steven Landry, who was named on Friday to take over Chrysler's sales efforts in North America, said the automaker planned to reduce fleet sales to 21 percent of its total sales volume by end 2009. The plan also forecasts a reduction in sales to car ...

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