Chrysler 2007 Annual Report Download - page 8

Letter from the Chairman and the Chief Executive Officer 7
Fiat is now ready to enter the next level that will transform it
into a major global company.
Its course has already been defined.
The growth plan through 2010 has clear, specific targets. For
2008, these envision revenues exceeding 60 billion euros,
trading profit of between 3.4 and 3.6 billion euros, net income
of between 2.4 and 2.6 billion euros, and net cash on hand of
at least 1.5 billion euros.
The targets we have set are based on the conviction that the
current turbulence in financial markets will have a limited
impact on the real economy and, in the worst case, will be
confined to the United States.
Fiat’s system of values will drive further development.
Operating in 190 countries around the world has taught us to
respect social and cultural diversity and foster the integration
of our Company in the regions where it operates.
It has taught us that a development program has merit only if
it is sustainable.
In support of our business model, we confirm our commitment
to grow in harmony with the communities Fiat serves,
assuming responsibility for our actions in free markets.
We confirm our commitment to developing the company,
respecting the environment by managing our plants in an
ecologically efficient manner and creating more
environmentally friendly products.
Fiat intends to achieve its objectives with a sense of
responsibility and determination, transparency and integrity.
We believe that success is judged by how it is achieved.
Our actions recognize the central role played by individuals,
the importance of capitalizing on everyone’s abilities and skills,
and guaranteeing an adequate and stimulating work
environment.
We are aware that the performance of any organization
depends on the people who work every day with commitment,
determination, and passion to transform it into a group that
they can be proud of, and we sincerely thank all the men and
women who work for Fiat worldwide.
The results presented on these pages are attributable to their
intelligence, dedication, and the solid values that they embody.
These people and their abilities are the best guarantee for our
Company’s future.
February 15, 2008
/s/ LUCA CORDERO DI MONTEZEMOLO
Luca Cordero di Montezemolo
Chairman
/s/ SERGIO MARCHIONNE
Sergio Marchionne
Chief Executive Officer