In reversal, Chrysler saves Viper

Automotive News reports on Chrysler's decision to continue production of the Viper.

Automotive News

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)

 

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