Sergio Marchionne is the new Lee Iacocca.
He's less than three years away from the U.S.-funded bailout, but he's getting closer to sainthood by posting mind-boggling numbers:
*First-quarter profit of $473 million. That's more than four times last year's quarterly profit.
• A 25% increase in first-quarter revenues, to $16.4 billion.
* A 40% increase in U.S. retail sales, driving Chrysler's market share up to 11.2%, from 9.2% a year earlier.
"I have no bad news to tell you," Marchionne told reporters in a conference call.
Read more:
New York Times
