Chrysler Chief Executive Robert Nardelli said Tuesday that the private equity buyers of auto maker Chrysler weren't second guessing their decision to buy Chrysler, and that the business was ahead of target.
Nardelli said at a Wall Street Journal conferenceTuesday that Chrysler finished April with more liquidity than planned, and was ahead of overall financial performance and liquidity targets in May.
Asked at the conference if the private equity buyers of Chrysler would have bought the company if they had known what would happen to oil prices, Nardelli said it was "hard to say, but no one is second guessing the decision, no one is looking back."
"We are guarded but optimistic," Nardelli added. "We are very encouraged in what we have accomplished."