Jim Press, ex-Toyota executive and now Chrysler’s Vice Chairman and President is downplaying talks that Chrysler is being shopped by its owners Cerberus. Press called the reports being made by the media “speculation.”
“There is a lot of distraction in our industry that is fueled by speculation. All I ask is stop reading the newspaper,” said press when speaking to auto industry workers at Convergence 2008.
He said Chrysler has changed its...
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