<< Read Full Article

Nardelli a Victim of Economic Forces

Stock quotes in this article: GE , HD , GMGMQ , T  

In 20 months as CEO of Chrysler, Robert Nardelli didn't exactly fail. He just didn't succeed.

Nardelli "was a hatchet man," says industry analyst James Harbour, founder of the Harbour Report. "He had one focus, and that was to cut to profitability. He even stopped all product development. Unfortunately, he got caught up last year with high gas prices and no credit, so it didn't matter."

chart
Mullaly Gets It Right at Ford
Nardelli a Victim of Economic Forces
Outsiders Take Big Three's Keys

Nardelli stepped down this month, as Chrysler emerged from bankruptcy. General Motors(GMGMQ Quote) followed Chrysler into bankruptcy, and will be headed by a former AT&T(T Quote) executive when it emerges. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,308.26 1,096.07 2,180.05 34.87
Oil *
73.22
DOWN
132.86
DOWN
13.11
DOWN
26.86
DOWN
1.09
10 Yr
3.49%
SPDR Gold
107.34
-1.27%
-1.18%
-1.22%
-3.03%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services