US-based auto giant Chrysler, which will celebrate its 100th anniversary in 2025, was one of the most prominent companies, especially in North America. The company has been operating under European auto giant Stellantis since 2021. However, many American customers were not happy with this situation due to, among other things, the reduction in the number of models.

He is now the grandson of Chrysler founder Walter P. Chrysler. By Frank B. Rhodes Jr. There have been some major statements made on this topic. The heir to the company says he wants to take it over and is buying Chrysler convert into a separate company He stated that he planned to do so

Frank B. Rhodes Jr. Wants to Spin Off Stellantis Into Separate Company, Save Chrysler, Dodge, Ram, Jeep

Frank B. Rhodes Jr. addressed investors and employees in a video. Rhodes describes the iconic brand as “rescue from Stellantis” He stated that he wanted to. At the same time Like Dodge, Ram and Jeep He stated that he is considering removing other well-known brands from the auto giant in the same manner.

Chrysler’s heir noted the company’s importance in the American auto industry and criticized its current state. The brand’s response to such a change is “needs so muchHe stated that he wanted to create a completely independent Chrysler company by separating it from Stellantis. He offered him to become the leader of this company. Its description is as follows:

Stellantis cuts Chrysler sales, spends millions on CEO salaries, Rhodes says

While Rhodes claims that Stellantis has little to do with the US market This caused Chrysler’s sales to decline and new products to be postponed claims. Only for the CEO’s salary million dollars He says money is being wasted and the livelihoods of dealers and employees are being jeopardized. In an open letter, he said he wanted to share his plans in a “confidential meeting” with Stellantis executives.

Of course, what Rhodes is doing is just an offer. The possibility of creating such a separate company is very small. We can think that a large company like Stellantis will not take these statements very seriously. Even if he were to leave, it would require astronomical funds. It might be a bit difficult to find that much money. Time will tell if it will gain any traction.