Quote:
|
A condition of Chrysler's emergence is splitting the company into two entities – a good Chrysler and a bad Chrysler. The good entity would contain everything within the company that's valuable like the Jeep brand and Dodge trucks and their associated assembly plants. That entity would be the one controlled by Fiat and owned by the UAW VEBA fund, the U.S. and Canadian governments and Fiat. President Obama was likely referring to this entity when he mentioned the 60-day time table, as a judge has already scheduled these good assets to be transfered into the new entity by May 27th.
|
This has nothing to do with producing popular models.
Quote:
|
This process of selling off the diseased parts of Chrysler is what administration officials are now reportedly saying may take up to two years.
|
__________________
Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge
General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer
STANDARD DISCLAIMER
camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever,
whether express, implied, or statutory, including, but not limited to, any warranty of merchantability
or fitness for a particular purpose or any warranty that the contents of the information will be error-free.
|