Chrysler's Loss Grows. Gm's Shrinks
Detroit's chieftains put differing spins on a dismal first quarter. Combined losses at GM, Ford, and Chrysler came to $1.9 billion, bringing the losses for the past three quarters to $6.1 billion. Chrysler's Lee Iacocca said his company lost $341 million in the first quarter, before an accounting change widened the loss to $598 million.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.