Nardelli tells employees Chrysler’s headed for huge loss

According to a recent report by The Wall Street Journal, just months after Chrysler was bought out by private equity firm Cerebus, the automaker is facing some serious financial struggle and is trying to sell land, plants and other assets to raise cash.
Chrysler’s CEO Bob Nardelli told his employees at a meeting earlier this month that the company is headed for a huge loss this year and is trying to...
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