Great Cove Autos Press Release: Rough Road Stays Rough For Chrysler

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 14, 2009 -- Chrysler leaning on Europe to Save Sales

Probably the bleakest future outlook of the three looks to be Chrysler. While much of the original ownership remains with the VEBA United Auto Workers Chrysler will be looking to Fiat who now owns 20% of the company to produce smaller more fuel efficient vehicles in order to recapture some of its American consumers.

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Great Cove Autos Press Release: Rough Road Stays Rough For Chrysler

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A strong direction is something this company lacks. The European car market may save the struggling Chrysler as much of its product has gone over better away from the United States. With Ford and Chevy looking strong to recover at the end of the recession Chrysler doubters say that their percentage of market share could go down even further in North America.

While the Treasury Department owns less than 9.8% of the company (comparing that to Chevy's whopping 61%)there may not be a place for the undefined former American hero Chrysler in the ever evolving car market. Only time will tell be it can easily be argued they look to be falling the hardest of the big three.

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