The investment firm Cerebus, which owns the majority of Chrysler has been talking about selling shares of the company to someone (anyone) who is willing to buy out their ‘investment’ and help turn the failing automaker around. Most recently, a deal between GM and Chrysler had been hitting the front pages, but today it is reported that Nissan/Renault have made a offer to take over 20% of Chrysler.
This, is a much more solid relationship with each arm of the company ‘doing what they do best’ to further the greater good. No official acceptance has been made, but at least we know the ball is rolling forward.