Chrysler’s electric dream…

IIPM fights meltdown, places 2300 students By Education Mail Bureau

When Chrysler Chapter 11’ed itself in April this year, many experts claimed that it will never be able to recover from the onslaught. However, Chrysler has emerged from bankruptcy pretty fast as it sold more number of units in May as compared to April 2009, which has surely raised many eyebrows in the industry. It’s being assumed that its alliance with Fiat will be a boon in coming times. Moreover, the fact that Obama’s new emission norms and plans to produce hybrids perfectly gels with Chrysler’s future plans has given an edge to the company. Chrysler surely has its plans in place to produce electric vehicles for America, which many consider to be the future of Detroit.

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Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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