Single offer received for Dodge Viper business

Single offer received for Dodge Viper business

Devon GTX s

Recent court documents filed by Chrysler indicate that there is only one offer on the table for its Dodge Viper business. The lonely offer is well under the $10 million asking price that the bankrupt automaker has been seeking and If a suitable buyer isn’t found, it’s likely that the assembly plant where the Viper is manufactured will be closed down this December.

The sole $5.5 million USD bid came from Devon Motor Works, a small boutique coachbuilder based in Michigan, USA that has plans to launch a new supercar of its own called the Devon GTX (pictured), which will be based on the underpinnings of the Dodge Viper. The GTX is scheduled to make a run at the Nürburgring lap record for a production vehicle (currently held by a Dodge Viper ACR) sometime in July, after which it will be officially debuted at the 2009 Pebble Beach Concours in the states.

Chrysler first looked at selling off its Viper line last August, and the troubled automaker still claims that it has other interested parties, but it’s now clear that it’s very short on actual realistic offers. The bottom line is that $5.5 million USD is better than nothing especially when you owe billions of dollars. Chrysler is apparently looking into Devon’s offer to verify that the small company has sufficient resources to close the deal.

Devon GTX s

Recent court documents filed by Chrysler indicate that there is only one offer on the table for its Dodge Viper business. The lonely offer is well under the $10 million asking price that the bankrupt automaker has been seeking and If a suitable buyer isn’t found, it’s likely that the assembly plant where the Viper is manufactured will be closed down this December.

The sole $5.5 million USD bid came from Devon Motor Works, a small boutique coachbuilder based in Michigan, USA that has plans to launch a new supercar of its own called the Devon GTX (pictured), which will be based on the underpinnings of the Dodge Viper. The GTX is scheduled to make a run at the Nürburgring lap record for a production vehicle (currently held by a Dodge Viper ACR) sometime in July, after which it will be officially debuted at the 2009 Pebble Beach Concours in the states.

Chrysler first looked at selling off its Viper line last August, and the troubled automaker still claims that it has other interested parties, but it’s now clear that it’s very short on actual realistic offers. The bottom line is that $5.5 million USD is better than nothing especially when you owe billions of dollars. Chrysler is apparently looking into Devon’s offer to verify that the small company has sufficient resources to close the deal.

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