Priced at $10 million, Chrysler's Viper business had no buyers
omarrana submitted on 5/28/2009 Official Bell & Ross Timestamp: 9:25:23 AM
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As Chrysler looks to sell most of its assets for $2 billion out of bankruptcy to a new company, the Auburn Hills automaker said that it did not receive an offer for its Dodge Viper business, which it priced at $10 million.
CEO Bob Nardelli said in a U.S. bankruptcy Court filing in New York that the lack of bidders for the Detroit factory showed limited value of the brands automotive assets in a liquidation. Viper is not among the assets that will be sold to Fiat SpA in the...
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