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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
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: jchan2 (Nov 26, 2008 4:18 pm) |
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that we think it's funny that Cerberus messed up and is going to have to eat a bunch a cash, would we? With how much so many of us seem to love Wall Street and hedge-funder's on Edmunds here. 
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Chrysler Needs $7 Billion -- Now (AutoObserver) You can read Chrysler's plea to the Congress here. (pfd file) |
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"Pressured by lawmakers, the heads of Chrysler and General Motors on Thursday said that they would be willing to revisit the merger talks that ended last month as part of a government-funded restructuring." At Insistence of Testy Lawmakers, GM and Chrysler Reconsider a Merger
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Replying to: steve_ (Dec 06, 2008 11:23 am) I had suggested to my friends weeks ago that combining the big three into a really BIG one would make sense.That way they could stop competing with each other and make a much more efficient and streamlined corporation.There are many ways that this could work out,just as an example: One could build the luxury types, another the Suvs and such and another the hybrids.Funny just last week there was an article in Newsweek suggesting the same thing.Am I too smart for my own good ?  (hee hee)
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Replying to: mickeyrom (Dec 06, 2008 11:39 am)  I don't see the Ford family going along with a 3 way merger since they'd have to give up lots of control, but they may increase their net worth by running to the sidelines. I could see Nissan joining in on a tie-in some way too. |
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Can you imagine what an entrenched behemoth a Nissan-Renault-Chrysler-Ford-GM Corp would be??  THAT wouldn't last long before it imploded.
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Replying to: nippononly (Dec 06, 2008 12:50 pm) |
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"Chrysler can not be saved, even with the proposed government financial aid. That's what CSM Worldwide forecasters say." Government aid won't save Chysler (Straightline) |
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I hope all of you moochey self absorbed hyper shoppers are happy. Chrysler killed themselves. Once they started selling their dealer's price info for free ads it was only a matter of time before something like this was going to happen. I am encouraged by the future though. You cheap bastards will reap what you sow. You know for this whole thing to work you people can't be so obsessed about a dealer or salesman making a 2-5% margin on a vehicle and give you some ridiculous amount of money for your trade. Its all about having enough of a margin to take care of a customer after the sale. See then you sell more cars and order more cars. Think about it? How many dealers can afford to sell an average price vehicle $25,000 and not make any money. When it comes to service you same mooches expect free loaners, concierge, lattes for your fat ass wives, and lets not forget free WiFi too. I can't wait for the future when you scumbags have no where to shop and the average Dealer will be worth billions not millions. HaHa
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