Their IPO was overshadowed by the IPO of a big car company, also audited by Deloitte, on the same day.

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The Hornet would be the first Chinese-made car sold by a big automaker in the U.S. "It allows us some speed to market and to position Chrysler where we might have a product void, " Nardelli said on Aug. 6, his first day on the job.

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America's big three car makers had a torrid November in home markets: Ford's sales fell by 17%, GM'S by 18% and DaimlerChrysler's by 12%.

ECONOMIST: Half measure