Chrysler’s sorry state revealed

Full Story At money.cnn.com

NEW YORK (Fortune) — Among the thousands of pages of documents filed in connection with Chrysler’s Chapter 11 bankruptcy are affidavits from Chrysler executives that open up a window on the auto business previously closed to outsiders in this intensely competitive business.

They reveal an almost unimaginable complexity in the design, manufacturing, and distribution of new cars.

But what’s more revealing is that the affidavits expose Chrysler’s inability to successfully compete and the dangers facing the company in a prolonged bankruptcy.

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