At this Point I expect Chrysler to go into Bankrupcty, there are many reports out today that the people who hold the Billions in debt want it for both GM and Chrysler as it will give them huge write off's that can be spread over the next few years to off set profits as the economy comes back.
On that note, I suspect we will see a vastly differant company emerge if they do at all. End play could be we see Dodge sold off to on out of country company that wants in on the truck business and recovery and Jeep sold to someone who wants a solid 4x4 business and chrysler becomes a history lesson.
Sad, but the end result of greed and stupidity by upper mgmt and Unions. The unions will be crying foul, Canada has alrady said they will cover the union pensions. Another burden on the tax payers there. I suspect like the US did for the over paid airline unions we the tax payers will get stuck with their Union pensions also. Hopefully if that does happen they keep it the same as they did to the airlines and that is they will only honor 75% of the persons monthly income and NO benefits, meaning they have to come up with their own insurance just like the rest of us who only have 401K programs.
Going to be an interesting year in the Auto Business.