Archive: october 24, 2008
Jim Press downplays Chrysler merger talk
Filed under: Chrysler, LLC., GM, Nissan, Renault
The automotive world is abuzz with rumors and speculation regarding a possible Chrysler merger, and with good reason. It appears Cerberus, which owns 80.1% of Chrysler LLC, may be ready to wash its hands of the auto industry, and either General Motors, Nissan, or some other entity altogether could take the Pentastar off the private company's hands. Optimistic Chrysler Vice Chairman Jim Press told reporters at a recent Society of Automotive Engineers' conference that Chrysler would "be around", and that everyone should stop paying attention to wild...
View full article at "Autoblog"
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Filed under: Chrysler, LLC., GM, Nissan
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