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Behind The Wheel
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Apr.21
9:56 AM ET
Tuesday, 21 Apr 2009
Chrysler's Press Tries Selling The "Good Fight"
Posted By:Phil LeBeau
Topics:CEOs and CFOs | Economy (U.S.) | Economy (Global) | Technology | Automobile Industry
Sectors:Technology | Automobiles and Parts
For Chrysler President Jim Press, trying to convince people his company is not going bankrupt is an uphill battle.
When I talked with him Tuesday at the New York Auto Show, he repeatedly told me his company would not only survive, but thrive in the future.
When I asked him about Bankruptcy, Press told me, "That's (bankruptcy) not our objective or our goal. That's not where we're heading. Nobody is trying to force us in that direction. What we're trying to do is get the alliance (with Fiat) put together. If for some reason we can't do that, and we can't get all the constituencies and it's (bankruptcy) not an outcome. it's not preferred but even if that happens...we're prepared to act appropriately."
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TOPIC : Economy (Global)
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