| Yeah, I saw the notice below yesterday. Keep in mind that the new CEO of Chrysler LLC is the same guy fired from Home Depot because he destroyed the brand (and the share price) through endless cutbacks in customer service and employee benefits, as well as selling factory 2nds as premium merchandise. Here's that notice:
Chrysler LLC has proposed selling or closing two units, according to a The Wall Street Journal article that cites contract talks between Chrysler and the United Auto Workers union. The units are Mopar, which makes auto parts, and Chrysler Transport, which manages deliveries of supplies to the carmaker's plants. Together, they employ around 1,300 people. Cerberus Capital Management recently acquired an 80% stake in Chrysler, with former parent Daimler retaining 20 percent. www.chrysler.com
Greg Robertson '55 Plymouth Savoy
53 Upton Street Quincy, MA 02169-1120 P: 617.803.1274 F: 617.687.0226 --------------------------------------------------------------------------
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