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Chrysler: We have multiple bids for the Dodge Viper business

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Old Oct 24, 2008 | 05:55 PM
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Post Chrysler: We have multiple bids for the Dodge Viper business

Chrysler announced today that it has multiple offers for its Viper sports car business and is currently in the process of reviewing offers. Chrysler’s Dodge Viper business has been on sale before talks with GM started so we’re not sure yet if GM is going to pick up the snake business. While Chrysler didn’t disclose any information about the bids, insiders familiar with the talks say that no additional bids are being taken as of now. Reports suggest that Chrysler has identified about $1 billion in non-earning assets if a potential sale is to through. It’s been previously reported that the ROUSH and Saleen tuning houses are interested in purchasing the Viper business.

 
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