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Old 07-25-2008, 10:51 AM   #1 (permalink)
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Chrysler Q1 2008 Loss: $515M

http://www.leftlanenews.com/chrysler...rter-loss.html
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Old 07-25-2008, 10:53 AM   #2 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

In summary... Daimler was complaining that their stake in Chrysler had lost 80% of its value in the last 6 months, so this compelled Chrysler to report its earnings.
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Old 07-25-2008, 11:20 AM   #3 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

Well at least it's not as bad as Ford...
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Old 07-25-2008, 11:37 AM   #4 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

Or GM... Last time I checked we lose about 500 Mill every 4 weeks
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Old 07-25-2008, 11:41 AM   #5 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

Quote:
Originally Posted by wescoent View Post
In summary... Daimler was complaining that their stake in Chrysler had lost 80% of its value in the last 6 months, so this compelled Chrysler to report its earnings.
Aww.....poor krauts.....
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Old 07-25-2008, 11:43 AM   #6 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

That's....not bad? Can a half a billion dollar loss actually look good? Apparently, yes.
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Old 07-25-2008, 11:47 AM   #7 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

I'm sure this is just a drop in the bucket for Chrysler compared to what's to come......
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Old 07-25-2008, 11:50 AM   #8 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

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Originally Posted by steinravnik View Post
Well at least it's not as bad as Ford...
O rly?

http://www.newser.com/story/25529.html

Ford had a profit of over $100M in Q1.

I don't even want to KNOW what Chrysler Q2 results were..
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Old 07-25-2008, 02:19 PM   #9 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

Quote:
Originally Posted by wescoent View Post
O rly?

http://www.newser.com/story/25529.html

Ford had a profit of over $100M in Q1.

I don't even want to KNOW what Chrysler Q2 results were..
Oh yeah, I was thinking Q2 for Ford. I wonder if and when Chrysler will post Q2 results?
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Old 07-25-2008, 04:06 PM   #10 (permalink)
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Re: Chrysler Q1 2008 Loss: $515M

Isn't it funny how Chrysler made such a fuss about being a private company and not having to report results to shareholders, yet they are now compelled to do so because of rumors about the viability of their business?
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