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Marchionne: Chrysler profits 3 billion in 2012. Fiat, the new Panda in Pomigliano

According to the CEO, the Detroit company will be able to break even next year – Lingotto is “strong in the world”, now it has to “grow in Italy” – Support from John Elkann

Marchionne: Chrysler profits 3 billion in 2012. Fiat, the new Panda in Pomigliano

THEChrysler operating profit it is estimated at 3 billion dollars in 2012, thanks to a 20 percent growth in sales to 2,4 million units. The CEO said, Sergio Marchionnein an interview with the Wall Street Journal. Marchionne also said that Chrysler will be able to break even in 2012 with sales of 900.000 units, while after the restructuring it was necessary to sell 1,5 million.

As for Fiat, today the Italian-Canadian manager presented the new Panda in Pomigliano d'Arco. Today the Lingotto is "strong" and "competitive in the world" – Marchionne declared – and the goal now is to "strengthen it in Italy". The new model is the answer “to professional skeptics and detractors. We respond with facts."

At the presentation was also present John Elkann, president of Fiat, who wanted to reiterate "the family's commitment to supporting Marchionne's efforts, which aim to make Fiat-Chrysler a large group that makes great cars".

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