Financial Times FT.com

Fear stalks Chrysler amid Fiat shake-up

By John Reed in London and Bernard Simon in New York

Published: June 12 2009 19:49 | Last updated: June 12 2009 19:49

When Chrysler’s crisis-weary staff gathered in their Michigan headquarters this week to hear an address from their new leader, Fiat’s chain-smoking Sergio Marchionne, the atmosphere was far from ebullient.

“Numb” was the word one Chrysler manager used to describe the mood.

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