Chrysler CEO Commits to Cut Low-Profit Fleet Sales

Robert Nardelli

Ford and GM cut low-prof­it rental fleet sales in 2007, but Chrysler didn’t make the adjust­ment. CEO Robert Nardel­li now says they will reduce sales to the indus­try aver­age of 20%. Chrysler has reduced planned pro­duc­tion by cut­ting shifts at some plants and will tem­porar­i­ly idle a num­ber of plants in Jan­u­ary.

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