We have moved to expectations of a loss of 100 million euros for the fourth quarter of this year from Chrysler, whereas we had previously been expecting a small profit.
More Quotes from Stephen Reitman:There's a large number of U.S. institutions who only buy SP 500 stocks.
It's doesn't hurt to speculate on bringing it to the U.S. market, but I don't think there's a chance they'll do it. I would put it in the failure camp. Commercially, financially, its didn't fulfill the hopes the company has had for it.
In the past, there was little in the way of true competition from Japanese manufacturers, who made a lot of missteps and missed opportunity in early 1990s. They've put pressure on the core truck market and Chrysler, with the biggest exposure to light trucks, has been hardest hit.
I think the issues at Chrysler go very deep. The real problem is a failure to anticipate a change in the environment in the United States in the light-truck market.
Probably the success of Audi and Mercedes with small offerings has given them pause for thought.
Readers Who Like This Quotation Also Like:We must continue to pursue peace through diplomacy, but we must also not shrink from our responsibility through the option of strength. We must take advantage of internal resistance and change from within Iran to avert this path of mutual destruction.
Knowing is not understanding. There is a great difference between knowing and understanding: you can know a lot about something and not really understand it.
We've got 50 percent voter turnout for presidential elections. That's appalling. We can do so much better.