Chrysler Related News BETA

 » Chrysler News
 » Chrysler Photo News
Sango Lasaters under construction
06/07/2008 21:08. “the US auto industry's weakest player, Chrysler, may have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as next year,” // Clarksville Leaf Chronicle

05/07/2008 13:09. Faced with soaring gas prices, a sputtering economy and a rapid market shift in the United States away from trucks, the U. S. auto industry's weakest player, Chrysler, may have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as next year, JPMorgan said Thursday.

But rivals General Motors and Ford are likely to get through the rough patch and turn a profit in 2010.

JPMorgan auto analyst Himanshu Patel dismissed the possibility of an imminent bankruptcy at GM, saying in a conference call with investors and media that such fears "are completely overblown."

The day before, GM shares slid to a 54-year low after Merrill Lynch auto analyst John Murphy wrote in a note to investors that a GM bankruptcy "is not impossible if the market continues to deteriorate and... // St. Catharines Standard

Total: 6 news articles
First News Article: Forbes, 04/07/2008 09:17


Latest News Articles - Expand