Tuesday, January 8, 2008

Chrysler aims to double overseas sales-WSJ

NEW YORK, Jan 8 (Reuters) - Struggling U.S. auto maker Chrysler LLC [CBS.UL] aims to double its overseas sales over the next four years, The Wall Street Journal reported on Tuesday in its online edition.

The auto maker, which makes 90 percent of its sales in North America, is planning to boost its dealer network in Russia and China this year, the report said, quoting Chrysler's international sales chief, Mike Manley.

Under the ownership of Cerberus Capital Management, Chrysler has been restructuring its business, implementing volume-related reductions at several North American plants and cutting jobs. (Reporting by Ritsuko Ando; Editing by Valerie Lee)

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