Whats the role of Cerberus?
NARDELLI: Stephen Feinberg [chairman of Cerberus] is a true patriot and is absolutely committed to supporting the return to profitability of Chrysler. Cerberus brings a plethora of financial experience. They have one of the most sophisticated consulting groups, bringing in key executives from across the industry. They’re there if we need them. Other than that, they have entrusted us with this huge responsibility. Each of us brings a unique skill and a differentiated background. We all know what we’re each doing. We share openly and freely. There is healthy debate, not top-down control. Chrysler is two businesses: a finance business that makes money and an auto business that loses money. Can the auto business be made profitable? NARDELLI: Yes. And we’re on track. LASORDA: Absolutely. That’s our mission in life. On the supply side, it’s how we right-size our manufacturing footprint, how we look at mergers, acquisitions, partnerships, or alliances around the world, the whole procurement s
