Bailout Repayment Pushes Chrysler Into The Red
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Tom Krisher, The Associated Press
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Posted 09.24.2011
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Canada Business
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Canada Business News
DETROIT - Chrysler retreated to a loss for the second quarter, but only because the expense of shedding its government debt erased what would have been a modest profit.
The company, just two years out of bankruptcy protection, maintained that there are healthy signs despite the loss. Its turnaround continues with a revamped lineup of cars and trucks that is drawing more customers to showrooms.
