How will Chrysler bankruptcy affect its retirees and its suppliers?
May 28, 2009
I just read this morning's story about Chrysler's attempt to get its bankruptcy judge to approve its sale to Fiat. It seems like there are many unresolved questions:
- How will its retirees be affected? Will their pensions and healthcare be preserved? What's the process for resolving these issues?
- How will consumers react to the Chrysler's product line if it emerges from bankruptcy?
- Will consumers in this country accept Fiat's line of smaller vehicles?
- How is its bankruptcy affecting its suppliers? How much money are they owed?