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Monday September 15, 2008
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Continuing his series on the Big Three, Charlie Rose talks with the Chrysler Chairman and CEO Bob Nardelli -- a controversial take-over artist who formerly headed GE and Home Depot. Often criticized for ruthless 'break and sell' acquisition tactics, Nardelli talks candidly about industry-wide financial strains, but also outlines the advantages of Chrysler's current private equity model. He addresses claims of a possible merger with Nissan and assures that Chrysler has a Volt-like electric prototype up its sleeve. Supportive of the 2015 CAFE standards, Nardelli vows a 25 percent improvement in mileage performance versus the baseline vehicles by investing in smaller cars and battery technologies. Check out the video for more.
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