While Chrysler LLC gathered journalists from around the world last week to its Chelsea Proving Grounds to show off its 2009 model year lineup, there are growing concerns about the future of the Auburn Hills automaker.
An influential annual study of the U.S. automotive product pipeline says Chrysler's lack of future product plans is an indication of a near-future breakup or sale by the automaker's majority-owner, Cerberus Capital Management."Chrysler's product pipeline severely lags the industry on a number of key metrics, which is an ominous sign for its market share," Merrill Lynch's recently issued Car Wars report said. "We believe that this is an active decision by new owners to rationalize the product portfolio in advance of a breakup/sale."
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