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RD Today => All the News => Business News => Topic started by: riky on December 05, 2008, 04:03:11 PM

Title: Fox News: Chrysler CEO: Financial Crisis Significantly Hurts Prospects
Post by: riky on December 05, 2008, 04:03:11 PM
Chrysler CEO: Financial Crisis Significantly Hurts Prospects
     


Without a bailout, the auto industry will move from a "deep recession" to a "depression," said Chrysler Chief Executive Robert Nardelli.

In an interview with Fox Business Network's Alexis Glick, Nardelli said that if the auto industry collapse three million people will be impacted. There would be a huge "cataclysmic collapse," said Nardelli in the interview.<img src="http://feeds.foxbusiness.com/~r/foxbusiness/latest/~4/475117581" height="1" width="1"/><img src="http://feeds.feedburner.com/~r/foxnews/business/~4/475122381" height="1" width="1"/>
     

http://feeds.feedburner.com/~r/foxnews/business/~3/475122381/