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Chrysler Llc
Chrysler LLC Viability Plan Submitted Today to the U.S. Treasury Department
March 8th, 2009
Chrysler LLC today submitted its viability plan to the U.S. Treasury Department, outlining the Company's plans to: enhance its product lineup; complete its ongoing aggressive restructuring; and achieve cost reducing concessions from stakeholders. The Company's plan is required to be finalized by March 31. The submission outlines significant progress towards meeting the terms of the U.S. Treasury Department's loan agreement related to achieving competitive costs and increasing fuel economy. "On behalf of the men and women of our extended family, we thank the Administration and the Congress for the opportunity to continue the process of requesting federal loans to assist...
Source: Pharma Investments, Ventures & Law Weekly (2009-03-08)
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