Welcome Home: Chrysler buys back plant from itself for $20M — Autoblog
If this is any indication it looks like Chrysler is beginning to get back on track after the bankruptcy. Chrysler was able to purchase back a plant from Shell and insure that the Dodge Avenger and Chrysler Sebring are still in line to recieve there make over for 2011. The plant was purchased for a minor sales price of $20 mil. Generally plants can run close to $1 bil. dollars, but seeing Chrysler being able to spend the $20 mil. is still a welcome sight.
If this is any indication it looks like Chrysler is beginning to get back on track after the bankruptcy. Chrysler was able to purchase back a plant from Shell and insure that the Dodge Avenger and Chrysler Sebring are still in line to recieve there make over for 2011. The plant was purchased for a minor sales price of $20 mil. Generally plants can run close to $1 bil. dollars, but seeing Chrysler being able to spend the $20 mil. is still a welcome sight.
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