Chrysler’s $16.7 Billion Liability

February 26, 2007 · Posted in Uncategorized 

Chrysler's $16.7 Billion Liability

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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2 Responses to “Chrysler’s $16.7 Billion Liability”

  1. jim on February 27th, 2007 4:36 am

    Chrysler will be the US version of Rover. You’ll be able to acquire the company for beer money and assume the liabilities

  2. G on February 28th, 2007 7:52 am

    I certainly hope not, Jim. Chrysler, faults and all, is a special brand in automotive history.

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