Chrysler has three offers for its Dodge Viper business

Following its announcement of a 55 percent decrease in January 2009 sales, Chrysler LLC’s co-President Jim Press said that the company has had three offers to buy its Dodge Viper sports car business.

Chrysler announced plans to sell Viper back in August 2008. Sale of the Viper business has become an important part of the company’s turnaround plan to avoid bankruptcy. According to Automotive News, Press said that the company doesn’t anticipate a sale prior to the Feb. 17 deadline set by Congress where Chrysler must submit a restructuring plan to the U.S. Treasury to show long-term viability by March 31.

Press did not mention how much Chrysler is anticipating to get for its Viper business. Sales of Viper cars grew 74 percent in January from a year earlier to 127 units. 1,172 Vipers were sold in the U.S. in 2008.