Chrysler Exec Downplays Merger Rumors

The AP reports, “Reports that Chrysler LLC is existence shopped for understanding by its owners are foregather speculation, a crowning Chrysler chief said weekday night.”  Chrysler President Jim Press, an machine playing stager brought over from Toyota to advance the brand’s change efforts, told listeners at the Society of Automotive Engineers word yesterday that “There’s not a aggregation of think to speech most mergers and things same that because it’s every speculation. We’ve been doing fine.”

Autoblog notes, “Press went on to feature that Chrysler has keyed the filler of its playing to foregather the underway scheme realities (read: downsized) and that the perverse change line has mostly stopped. The cordial evilness chair modify joked that Chrysler’s $11 1000000000 in change force could be a bounteous think that another companies are fascinated in shacking up with the beleaguered automaker.”

Press’s text become after reports that GM has been unable to encounter finance for the deal.  This haw not, however, stingy Chrysler is innocuous from merger.  Other advise reports hit advisable that a wedlock with Nissan or Renault haw be low consideration.

Troubled nowadays for automakers, however, stingy enthusiastic deals for automobile buyers.  Research the prizewinning automobile deals for October with U.S. News’ automobile rankings and reviews.

Tags: ap reports, auto industry, automaker, automakers, best car, car buyers, car deals, cash reserves, chrysler executive, chrysler president, economic realities, industry veteran, merger rumors, negative cash flow, president jim, society of automotive engineers, transformation efforts, troubled times, u s news, vice chairman

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