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Wednesday, January 14, 2009

Is Jeep going to be sold to Renault-Nissan?


Is seems that Chrysler is talking to Renault-Nissan and Magna about selling off some of its assets, which includes Jeep. None of the mentioned parties have stated anything about this being true; however, Reuters is claiming that they are in talks and that Chrysler is trying to sell off assets and still retain the same amount of money it would receive from the U.S. bailout.

Also, according to Le Figaro, Renault is trying to raise $3 billion by selling bonds. Of course Renault has denied this.

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