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Why Chrysler's sales numbers were being publically reported



 
 
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Old October 23rd 08, 12:06 AM posted to rec.autos.makers.chrysler
MoPar Man
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Posts: 660
Default Why Chrysler's sales numbers were being publically reported

It was probably speculated here before, but here it is in black and
white:

http://www.businessweek.com/autos/au...rus_seeks.html

By buying the rest of Chrysler, there would be less pressure on Cerberus
to offer any financial guidance to the marketplace about revenues or
earnings. Because Daimler is publicly traded, the German automaker has
to report the progress of its stake in Chrysler. Each quarter and at the
end of the year, analysts and media are left to extrapolate those
numbers for all of Chrysler.
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