How much can Chrysler lose?

Posted by Bill Belew on December 8th, 2007 in Toyota Motors | No Comments

Chrysler expects to lose $1.6 billion this year.

I wonder, just how much can the company lose. In other words, how much money does this car maker and America's other big two have in the bank? 

Costs this year will be$64+ billion and revenue will fall short of $63 billion.

It's the second year in a row that Chrysler will be in the red.

The company lost $1.4 billion last year.

It makes me wonder just how much money the car maker had in the coffers to begin.

I wonder how can it absorb such huge losses over two years?

America's car makers made too much money for too long and didn't give back by producing good products that are relevant to the times. 

On the other hand – Japanese car companies are doing it. Can you say Toyota? Can you say Honda?

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Chrysler Expects to Lose $1.6 Billion

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