Did Jim Press step in it?

You wouldn't expect this sort of comment from a secretive Cerberus-Chrysler executive any more than you would from a super-secretive Toyota executive. via Motor Trend

[Truckin]

The guy can't make up his mind. Either he committed "perjury" or he's blowing the lid off of Toyota's support from the government.

Perhaps his $50 million signing bonus with Chrysler has him confused? Or perhaps Chrysler's huge market share loss has him bitter?

[Tom Loy]

Its sour grapes from a company losing market share and didn't have the foresight toyota and honda had to invest in hybrids.

[Truckin]

Tom Loy wrote:

Its sour grapes from a company losing market share and didn't have the foresight toyota and honda had to invest in hybrids.

Well said. Chrysler has already become a "long term" investment for the traditional burn-n-turn private equity groups who like to flip companies in under 3 years.