Reuters news service reported that Cerberus Capital has received numerous bids for it’s Viper brand of automotible. Belonging to the Dodge Brand, the Viper was introduced in 1992 as a flagship model sportscar. Production numbers have been limited with several special edition models added to the mix.
Chrysler LLC has decided to offer up it’s Viper unit sometime in August, when a few parties became interested. This is a result to raise cash for ongoing operations as the automotive industry is entering a deep slowdown across the board.
