Friday, January 16, 2009
Renault denies Chrysler talks
Reuters reports this morning that Renault has been in talks with Chrysler about a deal to sell the Jeep brand.
The news agency cites three sources with knowledge of the talks, but reports a Renault spokeswoman denying it has held any such discussions with Chrysler.
Cash-strapped Chrysler has until March to develop a long-term restructure programme if it is to secure further help from the US government.
A source told Reuters that Renault wanted to clarify whether acquisition of some Chrysler assets would jeopardise the company's access to government funding.
DATED: 16.01.09
FEED: AM
The news agency cites three sources with knowledge of the talks, but reports a Renault spokeswoman denying it has held any such discussions with Chrysler.
Cash-strapped Chrysler has until March to develop a long-term restructure programme if it is to secure further help from the US government.
A source told Reuters that Renault wanted to clarify whether acquisition of some Chrysler assets would jeopardise the company's access to government funding.
DATED: 16.01.09
FEED: AM
