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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

What is this discussion about? Chrysler


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#243 of 464
Re: financial arm may stop loans to dealers [nippononly] by steve_ HOST
Dec 17, 2008 (9:48 pm)
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Replying to: nippononly (Dec 17, 2008 9:35 pm)

Does Cerberus really have much cash lying around though? They're still trying to get that 7 billion out of Daimler.
 
They may have to sell or hock some performing assets to raise the dough to fund Chrysler. They may decide to cut their losses instead.
#244 of 464
Re: financial arm may stop loans to dealers [steve_] by nippononly
Dec 17, 2008 (9:50 pm)
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Replying to: steve_ (Dec 17, 2008 9:48 pm)

I thought I heard a rumor on the 'Net that other Cerberus companies had actually qualified for the original financial bailout from the Treasury department.
 
Certainly, articles on the subject always play up the angle that Cerberus BY CHOICE will not plow any more money into the company.
#245 of 464
Re: financial arm may stop loans to dealers [nippononly] by steve_ HOST
Dec 17, 2008 (9:52 pm)
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Replying to: nippononly (Dec 17, 2008 9:50 pm)

At least Nardelli isn't costing them much in salary.
#246 of 464
Press Request by KarenS HOST
Dec 19, 2008 (9:23 am)
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A reporter from a large national newspaper would like to know if the recently announced auto industry bailout makes you more likely to consider purchasing a car from Ford, GM or Chrysler? If you are interested in talking to a reporter about this topic, please respond to jwahledmunds.com with your daytime contact information by the end of the day today (Friday, December 19).
#247 of 464
Re: Press Request [KarenS] by dtownfb
Dec 19, 2008 (10:13 am)
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Replying to: KarenS (Dec 19, 2008 9:23 am)

why not just have the reporter read some of the forums? He'll get all the information he/she needs.
#248 of 464
Re: Press Request [dtownfb] by KarenS HOST
Dec 19, 2008 (11:03 am)
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Replying to: dtownfb (Dec 19, 2008 10:13 am)

This is true, however, I believe they want real names to include in the article.
#249 of 464
Re: Press Request (KarenS) by hpmctorque
Dec 19, 2008 (6:30 pm)
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If I were the reporter, I'd be concerned that those responding to this interview request do not represent a random sample.
#250 of 464
$4B and that's it by steve_ HOST
Dec 22, 2008 (11:46 am)
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"GM will bask in the holiday glow of $4 billion on Dec. 29, another $5.4 billion barely two weeks later and an additional $4 billion in February, for a total of $13.4 billion.
 
Chrysler gets $4 billion on Dec. 29. That's it.
 
Unless more funding is forthcoming, Chrysler really has no other choice but to determine the best way to go away."
 
It May Not Be Bankruptcy, But Chrysler Deconstruction Inevitable (AutoObserver)
#251 of 464
Re: $4B and that's it [steve_] by mickeyrom
Dec 22, 2008 (12:57 pm)
Reply

Replying to: steve_ (Dec 22, 2008 11:46 am)

I've had so many Plymouths,Dodges,Chryslers and DeSoto's.....this is really depressing
#252 of 464
Re: $4B and that's it [mickeyrom] by fezo
Dec 22, 2008 (1:16 pm)
Reply

Replying to: mickeyrom (Dec 22, 2008 12:57 pm)

I know what you mean. Sadly the Chrysler we knew has been gone for a long time.

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