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Archive Home > 2007 > May > 16 > Chrysler division loss: $2 billion

Chrysler division loss: $2 billion


May 16, 2007

DaimlerChrysler AG reported a $2 billion first-quarter loss for its soon-to-be-sold Chrysler division Tuesday, but predicted Chrysler's results would approach break-even for the rest of year. Chrysler's quarterly loss includes a $1.2 billion charge for a restructuring announced on Feb. 14 - the....

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