In reversal, Chrysler saves Viper
Automotive News reports on Chrysler's decision to continue production of the Viper.
DETROIT--Chrysler Group will continue making and selling Dodge Vipers after all.
The company on Friday removed the for-sale sign from its Viper business and will continue making the sports car through 2010 "and beyond," a Chrysler official said.
The move to keep the Viper marks a sharp departure for Chrysler under a Fiat-led management team. Under former owner Cerberus Capital Management, cash-strapped Chrysler had been trying to sell assets to stave off bankruptcy. The plan failed, and Chrysler filed for Chapter 11 on April 30 and emerged June 10.
(Source: Automotive News)