DaimlerChrysler AUCTIONING Chrysler?

[313City]

Yes, that what I heard. Will this be a good thing for their economic troubles and the economic troubles that SE Michigan has been Facing. Probably not for SE Michigan, but will this Auxtion be a slow start to a recovery in the American Automobile economy?

[Jasoncw]

Shows how much I know about the car industry. I thought Chrysler was doing good!

I don't really know what to think of it.

Edit: This is my 300th post!

[RustTown]

An actual link to an article to substantiate the post:

http://news.yahoo.com/s/wdiv/20070219/lo_wdiv/11054898

[MJLO]

I just read about it myself. When they say they are going to auction off Chrysler, does that mean the Chrysler nameplate and brand, or the entire entity, subsidiaries and all, i.e. Dodge, Jeep as well? Last I knew, Chrysler when on it's own was a 150billion dollar company. Anyone got a little more details, or clarifications as to what could happen or what's going on?