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Chrysler Thanks the Administration
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Auburn Hills, Mich., Dec 19, 2008.
Chrysler LLC Chairman and CEO Bob Nardelli said on behalf of the men and women of Chrysler and its extended enterprise, that he would like to thank the Administration and Treasury for their confidence in the Company.
”A letter of intent was signed which outlines the specific requirements that must be achieved,” said Nardelli. “These requirements will require consideration from all constituents, requiring commitment first in principal, leading to implementation this coming year. Chrysler is committed to meeting these requirements."
Nardelli said the Company would remain focused on its challenge and this initial injection of working capital would help bridge the liquidity crisis the industry is facing and assist in helping return Chrysler to profitability.
(source: Chrysler)
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I own a 2006 srt-10 that i bought at carrige town dodge in deleware ohio..and at the time i was hoping the challenger would have come out but it did not till this year and the only performance vehicle with any muscle was the SRT-10 pickup. which i do like really well.but at the time of perchase the dealer was charging anavailability fee for the truck which was app.17000 over the price of the truck because of that i can't trade my truck for a challenger. I feel very vendicated because of this and think that the dealer should compensate for there action. I been buying dodge al my life and now i have second thought about the company . I think this is another reason why people don't buy new car because of these action