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Law & Health Weekly

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Chrysler Llc



Testimony of Robert Nardelli, Chairman & CEO, Chrysler LLC, to the United States Senate Committee on Banking, Housing and Urban Affairs



December 6th, 2008

Mr. Chairman, members of the Committee, I appreciate this opportunity to address the current economic and financial crisis, the impact it is having on the automotive industry, and the need for immediate action.

During the 15 months I've been part of Chrysler, and since we've emerged as the first privately held American auto company in 50 years, I've been proud to work with a team of dedicated men and women determined to restore this 83-year old, iconic American brand to its rightful place in the automotive industry.

We are asking for assistance for one reason: to address the devastating automotive industry recession caused by our nations' financial...


Source: Law & Health Weekly (2008-12-06)

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