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Cars Blog

Chrysler CEO says in intense dialogue with task force

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March 18, 2009 12:44 pm
By Peter C. T. Elsworth

DETROIT - Chrysler LLC is in intense dialogue with the U.S. presidential task force on the auto industry and the company is receiving a "fair evaluation," Chief Executive Bob Nardelli said in a message to employees, according to Reuters.

The U.S. government, which assembled a task force to look into the automakers' aid request, has mandated that both Chrysler and General Motors Corp undertake sweeping restructuring actions, including cutting debt and bringing down labor costs, by March 31.

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