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Automotive News & Views Can Chrysler Turn It Around in Bankruptcy?
464 messages, Last post on Oct 02, 2009 at 2:05 PM
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Replying to: nippononly (Sep 22, 2008 11:52 am) Hate to disagree with you but I don't see anything that suggests the cars from China will be ready in a year or two. More importantly, I don't see Cerebus owning Chrysler for very long. LIke another poster mentioned, I don't think Cerebus understood what they were getting. The cupboard was bare after Daimler was done with them. Nissan is an established company with two decent small cars, Versa and Sentra. Folks would be more receptive to buying a re-badged Nissan than a car form China. |
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...comes news that Chrysler is in talks with Lotus to mass-produce a car very similar to Tesla's ($100K) electric sports car, which is based on the Elise??!! http://www.autonews.com/apps/pbcs.dll/article?AID=/20080923/ANA02/809239991/1186- /emailblast02&refsect=emailblast02 Frank Klegon, Chrysler executive vice president of product development, told Automotive News this morning that the sports car -- called the Dodge EV -- would go from 0 to 60 mph in under five seconds. That automaker also is considering production of Chrysler Town & Country and Jeep Wrangler electric vehicles. The company wants to put one of the three electric vehicles on the market by the end of 2010. Chrysler apparently figures 50% of all cars on the road will be electric by 2020. I say pshaw to that notion and the idea that Chrysler will beat GM to market with an electric car (and van, and Jeep), even as GM struggles to remain on target for late 2010 with the Volt, which has a smaller electric-only range. Will Chrysler still be in business in 2010?
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Replying to: nippononly (Sep 23, 2008 8:39 am) 
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Replying to: mickeyrom (Sep 23, 2008 11:26 am)
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Replying to: fezo (Sep 24, 2008 12:05 pm)
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Replying to: nippononly (Sep 24, 2008 12:10 pm) |
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Yeah, this has me very puzzled too. You'd think that if Cerberus wanted to invest additional money into Chrysler it would be used to ride out this difficult period, until new product can be introduced. It could also be invested in product, which is one area where Chrysler currently falls short. The devil must surely be in the details on this one, because on the surface it defies logic.
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I heard that Cerberus is against the gov't bailout of the domestic automakers. Evidently, they have enough cash reserves to ride it out, where Ford and GM don't. At least, according to my roommate, who works for a company that's ultimately affiliated with them, somehow. He works for a restaurant named Smokey Bones, but somehow qualifies for employee pricing on any new Chrysler product.
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Replying to: hpmctorque (Sep 24, 2008 5:34 pm) |
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Replying to: andre1969 (Sep 24, 2008 5:38 pm) |
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Automotive News & Views Can Chrysler Turn It Around in Bankruptcy?
