Old 10-17-2008, 11:43 AM
  #1  
BLK 6050
Senior Member
 
BLK 6050's Avatar
 
Join Date: Sep 2008
Location: Mesa, Arizona
Posts: 1,449
Likes: 0
Received 0 Likes on 0 Posts
Default Trick but no Treat for Chrysler/Challenger

This October, it may be all trick and no treat for the Chrysler and the Challenger
Looks like Cerberus may be craving up Chrysler as if it were a Jack-o-lantern this Halloween!

Via "Automotive News".........

Cerberus and GM are moving full-steam-ahead in their efforts to get a GM-Chrysler deal done by the end of October. Today also brings news Renault may have their hand in the cookie jar too, negotiating for one or more parts of Chrysler and leading to speculation the Auburn Hills, MI-based automaker could be divvied up among several companies: Basically the worst-case scenario envisioned when Cerberus Capital Management took over in 2007. Finally, we've got an unsubstantiated rumor engineering employees at Chrysler may be getting two months off sans pay beginning...drumroll please...November 1st. Coincidence? Maybe. Also, David Faber of CNBC had a chance to sit down with ChryslerCo CEO, Bob "The Builder" Nardelli; while we haven't had a chance to run through it in its entirety, hit the jump for the a full transcript of the CNBC interview with Nardelli.

(*Wow...I've always wanted a Renault SRT...............)
The news is not looking to good for Dodge if there is any truth to this story......