MATHEW asked:
Cerebrus capital management has taken over Chrysler What does the future hold for Chrysler.Is there any history of Capital management firms taking over loss making companies and leading them to profits .
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My opinion is this , I think they have only one thing in mind and that is to dismantle it and sell everything. They will never get the UAW to work with them by agreeing to the serious concessions needed by the workers to bring Chrysler back to a viable player in automobile manufacturing . Chrysler will be history in a matter of months….