Friday, August 31, 2007

Mopar or Less Par?
Chryslerberus might shed two operations

Rumors are circulating that the New Chrysler Corporation might shed its signature Mopar parts operation and its Chrysler Transport division. The transport division hauls parts from facility to facility. If Chrysler sells the Mopar parts operation, it will likely keep the Mopar name and trademark.

All of this is speculation at this point, but if true it contradicts the pre-buyout position of Cerberus that it would not sell the company off piecemeal. Thanks to Steve B. for the tip.

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