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Chrysler's $16.7 Billion Liability

Filed in archive by Gunnar Heinrich on February 26, 2007

Any potential buyer interested in purchasing the Chrysler Group from DaimlerChrysler has to account for $16.7 Billion in unfunded health care liabilities according to a report published today online.

Reported in Automotive News, such are the potential (and forecasted) fiscal woes of Detroit's big ".5" automaker that DaimlerChrysler, "might have to pay a buyer several billion dollars just to take the Chrysler group off its hands."

While this is an unlikely scenario, it does highlight Chrysler's troubled position.

[Source: Automotive News]

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Rating: 7.8 out of 4 vote(s) cast.

Add your response to Chrysler's $16.7 Billion Liability: Response from: jim Chrysler will be the US version of Rover. You'll be able to acquire the company for beer money and assume the liabilities Response from: G I certainly hope not, Jim. Chrysler, faults and all, is a special brand in automotive history.
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Chrysler's $16.7 Billion Liability

Filed in archive by Gunnar Heinrich on February 26, 2007

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