LaSorda: Steady As She Goes
August 22, 2007 · Posted in Uncategorized
President LaSorda and the now extinct Imperial.
[Source: Newsweek]
By Gunnar Heinrich
First officer for the U.S.S. Chrysler Tom LaSorda says that captain's orders are steady as she goes for the much discussed turn-around plan.
"The plan is robust, but we'll have to wait and see what happens in the economy," Mr. LaSorda said at a press conference at the company's Windsor, ON assembly plant.
According to the Detroit News, Chrysler lost $2 Billion during the first fiscal quarter this year and has reported that new CEO Bob Nardelli is chomping at the bit to get the company "back in the black."
The plan calls for 13,000 job cuts and closure of one assembly plant in 2008.
[Source: Detroit News]
Comments
One Response to “LaSorda: Steady As She Goes”
Leave a Reply
Nardelli killed Home Depot when he was CEO there and walked away with a fat compensation package (around $200 million). I see no reason to believe he’ll be the answer at Chrysler