Chrysler is, in fact, hurtling through the process and appears on track to emerge soon as a new company, just one month after its Chapter 11 filing.
“We have to see the consumer supporting this company by buying their product, which hasn’t been happening,”
Mr. LaSorda said it was clear to him that the company would continue to spiral downward unless it could update its vehicle lineup.
Read the rest of the story by clicking on the following: Chrysler Cures a Bankruptcy, but Tests Loom - NYTimes.com
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