Nice but yikes $57k

Or are they thinking of walking away from Chrysler?

Reuters Article

Chrysler, based in suburban Detroit, had cash and cash equivalents of $12.2 billion as of June 30. Its net profit in the first half of the year fell 21 percent to $764 million from $966 million in the previous year.

Chrysler remains heavily reliant on North America, which accounted for 90 percent of vehicle sales in the first half of 2013. It added that its lineup of smaller, less expensive cars are not as competitive as its larger, more profitable vehicles.

"Despite our recent financial results, we have not yet reached a level of sustained profitability for our U.S. operations," Chrysler said in the S-1 filing.

Interesting times indeed and will be interesting to watch this one shake out...