Description: To save Chrysler Group LLC, Chief Executive Officer Sergio Marchionne has to create a mid-size sedan that can compete with the world’s best. It’s a three- to five-year job, and he may have two years to do it.
Source: Bloomberg.com
Date: 9/14/2009
Keys: Management, investing, marketing
Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awHymjXNOYdI
Questions for discussion:
- Summarize the strategies that are supposed to fix Chrysler?
- Do you think they will be successful? Explain your answer.
- Do you think the cash plans are sufficient or will Fiat eventually invest cash into Chrysler?
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