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Can Chrysler Turn It Around in Bankruptcy?

464 messages,  Last post on Oct 02, 2009 at 2:05 PM

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What is this discussion about? Chrysler


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#172 of 464
Re: Gluttons for punishment... [nippononly] (fezo) [hpmctorque] by steve_ HOST
Sep 24, 2008 (5:39 pm)
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Replying to: hpmctorque (Sep 24, 2008 5:34 pm)

Cerberus keeps saying Chrysler isn't up for sale, but getting completely divorced from Daimler could make the whole package a bit more attractive to some other company. Say, one that competes hard with them. VW perhaps?
#173 of 464
Re: To add fuel to the fire... [andre1969] by dtownfb
Sep 24, 2008 (5:49 pm)
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Replying to: andre1969 (Sep 24, 2008 5:38 pm)

Interesting. I just heard a report that the House approved the $25 billion dollar "loan" to the Detroit automakers. I thought this bailout was critical for Chrysler to release their electric cars in 2010 as well.
#174 of 464
Well... by lemko
Sep 25, 2008 (6:23 am)
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...somebody at work just bought a new black Chrysler Sebring. At least there's one person who likes 'em. One of my co-workers at my other job has a new Chrysler Aspen. They must be giving them away as nobody at that job makes enough to pay the MSRP on them.
#175 of 464
Re: Well... [lemko] by dtownfb
Sep 25, 2008 (5:32 pm)
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Replying to: lemko (Sep 25, 2008 6:23 am)

They are fine cars as long as you don't test drive any of their competitors.
#176 of 464
white collar layoffs tomorrow by steve_ HOST
Sep 25, 2008 (8:38 pm)
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"Chrysler LLC is expected to fire roughly 300 salaried employees as soon as Friday in a bid to meet a target of cutting 1,000 white-collar jobs by the end of September."
 
AP
 
More at the WSJ, including this quote:
 
"With a number of firings looming, morale at Chrysler is "lower than low," another employee said."
#177 of 464
#176 of 176 white collar layoffs tomorrow (steve) by hpmctorque
Sep 26, 2008 (8:13 am)
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"With a number of firings looming, morale at Chrysler is 'lower than low,' another employee said."
 
Unfortunately this is almost always the case when many employees lose their jobs. It's a very difficult thing to avoid. Please excuse me for asking a rhetorical question, but would morale be better if the company didn't control expenses, thereby virtually ensuring bankruptcy and the loss of all jobs?
#178 of 464
Re: #176 of 176 white collar layoffs tomorrow (steve) [hpmctorque] by steve_ HOST
Sep 26, 2008 (8:20 am)
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Replying to: hpmctorque (Sep 26, 2008 8:13 am)

It is a good question. HP laid off a few hundred people here in Boise not long ago. They choose to do it on a Monday morning and people were told to come to work prepared to leave for good. Usually Fridays are the trigger day, but HP wanted to avoid a situation where people wound up home alone for the weekend with suicidal thoughts.
 
There was lots of counseling available (emotional and job) and generous parting gifts. Morale has suffered but probably not as bad as a Friday rout without much notice. And much better than the shock of closure out of the blue, like the sudden shutdown of the Bill Heard dealerships.
 
The long slow drag on Chrysler sales in this economic environment must be like a cloud over the whole organization.
#179 of 464
#178 of 178 Re: #176 of 176 white collar layoffs tomorrow (steve) by hpmctorque
Sep 26, 2008 (8:35 am)
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Good points!
#180 of 464
CDI Numbers by dclarke811
Sep 26, 2008 (11:56 am)
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I am in the process of buying either a Town and Country or a Honda Oddyssey. If I can find a CDI number, this would put the Town and Country over the top for me. Can anyone help me find one? Please?
Thanks

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