Chrysler Keeps Plants Open
The improbable recovery of Chrysler continues, just three years after a government supported Chapter 11. Most analysts believed that Chrysler would never have the funds to launch enough new vehicles to compete with larger rival both in the US and…
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Chrysler announced that it would not close several plants for two weeks of maintainance as it has in the past. The car company said it cannot afford to because of demand. It is easy to tell why Chrysler has the challenge. Domestic vehicles sales in April were modest. But, Chrysler’s sales rose 20%.
Few people believed that the company could eat into the market share of GM (NYSE: GM), Ford (NYSE: F), and Toyota (NYSE: TM). It turns out those few people were right.
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
