Chrysler has tough road ahead
#1
Chrysler has tough road ahead
Chrysler is about to undergo a culture shock. The new owners, Cerberus Capital Management, pushed aside Chrysler's current leaders and installed a former acolyte of General Electric's Jack Welch. Robert Nardelli is seen as tough, demanding and, in the words of Business Week magazine, a "poster boy for skyrocketing CEO pay not tied to stock performance.".......................
http://www.newarkadvocate.com/apps/p...ON01/708130320
http://www.newarkadvocate.com/apps/p...ON01/708130320
#3
sounds like a real a-hole to me but atleast they're not paying him until there's a turn around. it'll be interesting to watch this as it unfolds. chrysler has the worst economy numbers of any major auto manufacturer so he's got his work cut out for him there and i hope he can spark something in the design team because the avenger/sebring cars are a waste of sheet metal. they got a good thing started with the lifetime powertrain warratny and lifetime bumper to bumper extended waranty. plus they're still hot on keeping the cummins under our trucks' hoods and the challenger is supposedly still a go.
he sounds like a penny-pinching **** to me and someone that puts profit in front of all else. like i said, this will be interesting to watch.
he sounds like a penny-pinching **** to me and someone that puts profit in front of all else. like i said, this will be interesting to watch.
Thread
Thread Starter
Forum
Replies
Last Post
Diesel Bombers
Latest Automotive Industry News
0
07-20-2015 01:20 PM
Diesel Bombers
Latest Automotive Industry News
0
12-12-2014 12:30 PM
Diesel Bombers
Latest Automotive Industry News
0
12-05-2014 07:50 AM
Diesel Bombers
Latest Automotive Industry News
0
10-29-2014 09:30 AM
Diesel Bombers
Latest Automotive Industry News
0
10-15-2014 10:30 AM