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Nardelli: Chrysler can stand alone

by Bill Cawthon on

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.”

Bill Cawthon grew up in the auto industry in the 1950s. His Dad worked for Chrysler and Bill spent a number of Saturdays down on the plant floor at Dodge Main in Hamtramck. Bill is also the U.S. market correspondent for just-auto.com, a British auto industry publication, and a member of the Texas Auto Writers Association, which has named the Jeep Grand Cherokee the “SUV of Texas” several times and named the Ram 1500 as the “Truck of Texas” two years running.

Bill has owned five Plymouths (including the only 1962 “Texan”), one Dodge and one Chrysler and is still trying to figure out how to justify a Wrangler. He also has owned at least one of every 1:87 scale model of a Chrysler product. You can reach him directly at (206) 888-7324 or by using the form.


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