Chrysler's Plants Resume Production, Starting with Viper Operations
After a month-long bankruptcy during which all its plants were on standby, Chrysler is starting to switch the lights back on at its plants - beginning with the Conner Avenue plant in Detroit that makes the Dodge Viper.
Chrysler Had $30-Million Bid for Viper Pre-Bankruptcy
Last month, Chrysler CEO Bob Nardelli testified that despite a fire-sale price of just $10 million, no one was interested in taking Viper off the automaker's hands. Nardelli said it was an example of how Chrysler's assets aren't worth very much in a market where no one is willing to buy, and pointed to that fact as reasoning for avoiding a liquidation of the company.