Posternak Blankstein & Lund LLP is now Arent Fox. Read the press release

Rumors Are Running Rampant ... Is The Chrysler Brand About To Get Axed?

Say it isn't so! Tea leaves are notoriously imprecise when it comes to divining the future, but as Fiat Chrysler Automobiles CEO Sergio Marchionne has left us no other signs about what the next five years hold for the automaker he is about to leave, tea leaves will have to do.

Rumors are running rampant that Marchionne plans to announce on Friday at FCA's investor day in Balocco, Italy, that the long-starved Chrysler brand will soon follow Maxwell and DeSoto and Plymouth into oblivion. With the news that also came out today regarding Waymo's purchase of up to 62,000 Chrysler Pacifica Hybrid minivans to expand self-driving fleet, will they instead be purchasing Dodge Pacificas?

Read the full Automotive News article.


Continue Reading