Chrysler Expects to Lose $1.6 Billion

Chrysler expects to lose $1.6 billion this year.

Costs are $64+ billion and revenue will fall short of $63 billion.

It will be the second year in a row that Chrysler will be in the red, having lost $1.4 billion last year.

It makes me wonder just how much money the car maker had in the coffers to begin with if it is able to absorb such huge losses over two years.

At any rate…Japanese car companies, Chinese car makers are still rolling right

along, rolling in the dough, rolling out new products.

And America's big three, continue to restructure.

Will you buy an American car? 

source