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Chrysler CEO confident about future

FROM THE SYDNEY MORNING HERALD:  A year after emerging from bankruptcy, Chrysler Chief Executive Officer Sergio Marchionne said he felt confident about the company’s future and announced the addition of 1100 new jobs at an assembly plant going back more than century.

“This is a signature vehicle for Chrysler,” Chrysler and Fiat CEO Sergio Marchionne told reporters Friday, as the automakers showed off the 2011 Grand Cherokee, the company’s first new vehicle in nearly a year.

“I don’t worry about the world economy,” Marchionne said when asked about chances that economic troubles in Europe could undermine the US economic recovery, which Chrysler is counting on to boost sales.  MORE»

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