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Chrysler Group is hoping it won't be forced to don the Shroud of Turin. The American carmaker is hooking up with Fiat in its search for an automotive resurrection. A back-to-basics alliance is seen as the only road for the maker of Chryslers, Dodges, and Jeeps. The deal gives Chrysler access to Fiat's small-car expertise and global markets. Chrysler is counting on more financial aid from the Canadian and US governments. Cerberus Capital Management, plagued by buyer's remorse, dropped its 80% stake in Chrysler. With the Obama administration's auto task force unable to convince some lenders to accept a deal on Chrysler's debt, the company went through a brief Chapter 11 bankruptcy reorganization in 2009.
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Address: |
1000 Chrysler Dr.
Auburn Hills, MI 48326-2766
| | Phone: | 248-576-5741 | | Fax: | |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 59700.00 M | | Revenue Growth (1 yr): | (-4.00%) | | Employees (2007): | 66,409 | | Employee Growth (1 yr): | (-14.60%) |
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Key People
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Chairman:
C. Robert (Bob) Kidder
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CEO and Director:
Sergio Marchionne
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SVP and CFO:
Ronald E. Kolka
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