Chrysler CEO Says No Talks, But Open To Canada Investment Pitch

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Chrysler CEO Says No Talks, But Open To Canada Investment Pitch

by Wochit 0:35 mins

Chrysler CEO Says No Talks, But Open To Canada Investment Pitch

by Wochit 0:35 mins

Chrysler Group Chief Executive Sergio Marchionne said on Wednesday the company has not resumed talks with Canadian officials about financial support to help upgrade a minivan plant in Windsor, but would entertain any proposal offered. Chrysler had reportedly sought $700 million in government support toward a $3.6 billion investment for the plant, but the deal was scuttled when federal and provincial officials pressed Chrysler on how much of its investment would be spent in Ontario, it was reported in March.

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