Chrysler says exceeding financial targets

Newswire

NEW YORK, Dec 21 (Reuters) - Chrysler LLC on Friday called recent media reports about its financial picture inaccurate, saying the auto maker is exceeding most financial targets heading into 2008. The company issued a statement after the Wall Street Journal reported that the company has slipped into a serious financial crunch just four months after Cerberus Capital Management LP rescued the auto maker. The newspaper said Chrysler Chairman and Chief Executive Robert Nardelli recently told ...

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