Chrysler released the news this month that the Dodge Viper has attracted three bidders so far—apparently not just because of the car’s speed.

Dodge Viper bidders are also interested in the entire Viper business unit: meaning the bidders are thinking of purchasing the work force and the Detroit factory as well. Despite the enthusiasm of bidders though, no sale is likely to happen until March 31, 2009.

Chrysler has yet to submit a restructuring plan by February 17 before it can conduct any further sales. The company is weighing its options right now with the offers for their V10 Viper.

Chrysler also denounces and rumors of bankruptcy. Executives close the liquidation of the Viper operations as a means to let the company move forward.

The company’s Vice Chairman Jim Press said that the money being spent on the Viper operations can be better allocated to other Chrysler core products. A total of 127 Dodge Viper Cars were sold last January alone, which is a 74% rise compared to last year’s sales.

Chrysler announced a $1.45 billion loss last February 14, 2007, which has sent the company thinking up of new schemes to resuscitate its operations. Drastic drops in car sales were also experienced by Chrysler’s rival companies late last year.

Ford and General Motors, two car manufacturers and dealers which have been constantly at par with Chrysler, also suffered from significant 47-50% drops last year.

Chrysler can still survive this recent credit crunch once their other core products sell.