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Chrysler’s Cash Claim: A Cruel Con?

by The Truth About Cars on November 4, 2009

Sergio Marchionne stunned the mainstream media—literally—with his revelation that Chrysler has improved its post-C11 cash position from $4 billion to $5.7 billion. “’Some of you have been surmising we’re burning through cash,’ he said in brief remarks opening the company’s presentation of its five-year plan. ‘This is not true.’” Uh, yes, it is. Can you

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Chrysler’s Cash Claim: A Cruel Con?

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