The Detroit News is reporting that a group of 25 Chrysler employees in Toledo have formed a group called the “Employee Buyout Committee” and are actively exploring the necessary steps required to see the fate of Chrysler end up in the hands of its employees. Their proposal would give Chrysler employees a 70% stake in the automaker, with DaimlerChrysler retaining the remaining 30%. Continue reading Chrysler workers making long shot bid to buy automaker