Chrysler not about to fail, analyst says
Business | (0)
But changes could hurt other automakers
TRAVERSE CITY -- Fears of Chrysler LLC's imminent demise are overblown but the newly private automaker poses risks to the rest of the auto industry with its dramatic changes, a reputable industry analyst said Thursday.
Business partners -- from parts makers to dealers -- face special risks because of secrecy around Chrysler's financial status and the expectation that it will ultimately be sold off to other automakers, Mark Warnsman, a Calyon Securities analyst, wrote in a note to investors Thursday.
"Even as the prospects for the U.S. auto industry will improve when the economy turns the corner, ...
