Nardelli: Chrysler can stand alone

Chrysler CEO Bob Nardelli today sent an e-mail to company employees affirming that the automaker can survive as a stand-alone business.

The message was spurred by questions from President Obama’a Task Force about the proposed alliance with Fiat SpA.

In his message, Nardelli wrote: “We were asked by the task force whether Chrysler is viable without a global alliance partner. Our answer is absolutely yes (and I am sure you will agree with me), even with a conservative forecast of U.S. auto industry sales trends.”

Nardelli said that with the additional $5 billion in loans the company is requesting, Chrysler will be able to “continue paying the wages of our employees, the invoices of our suppliers, as well as investing in our future product plan.”