This edition of JeepNewsNow.com sponsored by:
 
SalesDealers Impressed with Cerberus' Committment
Posted by mike on 2007/6/14 0:02:11 (1516) reads

Future Chysler Group owner Cerberus recently held a closed door session with the largest of Chrysler's dealer associations and it appears that everyone liked what they heard.

From The Detroit News:

Cerberus agreed on May 14 to buy Chrysler for $7.4 billion in a deal that's expected to close later this summer. Feinberg, the publicity-shy deal-maker behind Cerberus, had an upbeat message.

"Failure is not an option," he told the dealers, according to John Schenden, owner of Pro Chrysler Jeep in Denver and a member of the dealer council.

The frank discussion covered a variety of issues facing Chrysler and its dealers, from the size of the dealer body to the role of Chrysler Financial, the automaker's lending arm. "We talked about the business, we talked about everything," Schenden said. "It was maybe the best meeting I have had in 44 years in this business."

He was particularly impressed with Feinberg, whom he called "one of the most intelligent men I have ever met."

Reader Reactions

The comments are owned by the poster.
We aren't responsible for their content.
You must login or register to post a comment.
Main Menu
JeepNewsNow Everywhere
Login
Username:

Password:


Lost Password?

Register now!
Jeep Classifieds
Syndication - RSS
Add Jeep News Headlines to your site for free!

Display the latest Jeep news headlines on your Web site using our RSS 2.0 news feed!

RSS 2.0

Or, if you prefer, an even easier way of putting the headlines on your Web site is to utilize our free, JavaScript-based headlines. Check them out!
Who's Online
7 user(s) are online (2 user(s) are browsing News)

Members: 0
Guests: 7

more...
Advertisements
mike's totally free jeep news now is designed and maintained by AnelloConsulting.com
Copyright © 1998-2010 mike's totally free jeep news now
Privacy Policy | Disclaimer | Advertising Info