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According to a report by a local newspaper in Halifax, Nova Scotia, the new privately owned Chrysler LLC will lose about $1 billion in 2007.

According to The Daily News article, Chrysler’s vice president of North American sales, Steven Landry, told a group of business students in St. Mary’s University that Chrysler will make $64 billion in revenue this year but will spend...

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Report: Chrysler to lose $1 billion in 2007

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