That is, the proposed new CAFE rules...call your congressmen and women now!
From:
http://money.cnn.com/2007/06/28/aut...econ.fortune/index.htm?postversion=2007062907
Chrysler officially puts the cost of meeting the proposed rules at $6,700 per vehicle. Unofficially, the moneymen from Cerberus behind the private equity buyout for Chrysler are said to be threatening to walk away from the deal if the new requirements go through. That would probably doom the company.
-J
From:
http://money.cnn.com/2007/06/28/aut...econ.fortune/index.htm?postversion=2007062907
Chrysler officially puts the cost of meeting the proposed rules at $6,700 per vehicle. Unofficially, the moneymen from Cerberus behind the private equity buyout for Chrysler are said to be threatening to walk away from the deal if the new requirements go through. That would probably doom the company.
-J