Ex-Chrysler Finance Chief Says Cerberus Should Sell
Billionaire Kerry Kerkorian’s advisor Jerry York told CNN that Cerberus should fix what it can at Chrysler, and then sell quickly.
York – who was Chrysler’s finance chief from 1990 to 1993 – said, “Most of Chrysler’s volume is in the U.S., which is a mature market that is using dog-eat-dog incentives. Their styling is also way off, and they are not connecting with the customer.
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