Chrysler's CEO on a Bailout

Bob Nardelli: "It's one thing to lose a company. I think what we're dealing with here is the loss of an industry"
Robert Nardelli, chairman and CEO of Chrysler, at the Senate Banking, Housing and Urban Affairs Committee Hearing on Capitol Hill, Nov. 18, 2008. Mark Wilson/Getty Images

Robert L. Nardelli, CEO of Chrysler, has faced numerous challenges in the 15 months since he took the top job: declining demand for cars, a spike in gasoline prices, calls for more fuel-efficient vehicles, and a global economic crisis that has all but crippled consumer spending.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.