
Tuesday October 17, 2006
Chrysler struggles to shift unsold inventory
news.yahoo.com :
DaimlerChrysler AG's Chrysler Group is meeting resistance in its efforts to shrink its inventory of unsold vehicles, the Wall Street Journal reported. Chrysler warned in September it will report a loss of $1.5 billion for the quarter - more than twice what it had previously forecast. Some of the big dealership chains and many smaller dealers around the United States say they already have too many Chrysler vehicles and won't take more, according to the Journal.
See also :
1. Chrysler plans production cut
2. Disintegration of iconic Big Three US automakers accelerates
(2006-10-17 23:14:36 SGT)
[Biz]
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