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Chrysler's Press: New Company To Sell 700,000 Cars A Year

June 03, 2009: 06:54 PM ET

WASHINGTON -(Dow Jones)- Chrysler LLC projects that its retail sales will be 700,000 vehicles a year and its fleet sales 200,000 a year once it completes a partnership with Italian auto maker Fiat Spa (FIATY), Chrysler President Jim Press said Wednesday.

Press disclosed the figures in a hearing before the U.S. Senate Commerce Committee on Wednesday.

LINK:Chrysler's Press: New Company To Sell 700,000 Cars A Year
 
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