Chrysler Group may not survive in its current form, report says

Only days before Chrysler Group CEO Sergio Marchionne unveils his five-year restructuring plan for the company, auto analyst Max Warburton has spoken out against it.

Warburton, of Bernstein Research in London, said that despite the profit posted in March, Chrysler may not be able to endure in its current form. Warburton said that Marchionne’s efforts to cut costs were impressive but that there are still many questions about the rescue strategy.
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bfghemicuda - 4/16/2010 1:48:49 PM

+3 Boost

Warburton has been wrong before. I know he is wrong again.

uaw_lax - 4/16/2010 6:11:51 PM

+2 Boost

sure they cant survive in thier current form thats why Fiat will change them and will make it viable once again.