Frank B. Rhodes, the great-grandson of Walter P. Chrysler, has sent a 17-page proposal to Stellantis, detailing his wish to acquire and reinvigorate Chrysler and its related brands.
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Mr Rhodes has described himself as an ‘unofficial cheerleader’ and ambassador, who wants to see Chrysler and Dodge back under American ownership.
He said: “My plan is to make the classic comeback for the Chrysler brands. Good for America, for the economy, good for the employees and just in time for its 100th Anniversary.”
In an open letter, he detailed that he would form a new company called “The New Chrysler/Dodge LLC”, after acquiring the brands, all its employees, operations and facilities from Stellantis.
He said that he invited Stellantis CEO Carlos Tavares to schedule in a ‘confidential discussion’ about his plan. It was not mentioned whether Mr Tavares responded.
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By GlobalDataIt is also not clear whether Mr Rhodes has secured funding for his mission. He has said he plans to attend UAW rallies to support the re-employment of laid-off workers.
