Joined
·
27,056 Posts
Nardelli made another tough call when he reduced Chrysler's inventory levels by 100,000 vehicles. The effect was the same as reducing production - taking 100,000 vehicles out of inventory means 100,000 vehicles that won't ever be built. Said Nardelli: "We took that on and still beat our pro forma financials," and Chrysler ended the year with $1 billion more cash than it had forecast.
More here:
Chrysler's Nardelli lays out a game plan - Jan. 15, 2008
More here:
Chrysler's Nardelli lays out a game plan - Jan. 15, 2008