September 4, 2015
NEW YORK (AP) - Chrysler LLC Vice Chairman Tom LaSorda says the
automaker is not in talks to sell brands or plants that make
LaSorda made the remarks in a call with reporters Wednesday
morning. The comments were in response to reports that the company
was in talks to sell a factory to Canadian parts supplier Magna
International Inc. and the Jeep brand to the partnership
A Renault spokeswoman denies that the company is in talks to buy
assets from Chrysler. A Nissan representative in Tokyo and a Magna
spokeswoman in Michigan declined to comment.
LaSorda says Chrysler is not in talks to sell its plant in
Belvidere, Ill., and any sale above $100 million would require
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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