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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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that depending on your POV, the Fiats will have something besides fuel economy going for them: looks. The Japanese, bless their reliable efficient hearts, can't manage to produce anything with great styling, EVER. Ditto the Koreans, although the Genesis coupe is a step in the right direction.
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Replying to: nippononly (Jul 27, 2009 12:00 pm) The Yaris and Fit are butt ugly. |
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Replying to: nippononly (Jul 27, 2009 12:00 pm) |
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I think one of the main things that will be a problem for Chrysler and it's been pointed out here before is that many of Chrysler's models are outdated and there are no replacements coming soon. Chrysler will be forced to discontinue some of these old models or the sales will be minimal. In the meantime Fiat has a few models that can appear within a few years. In the meantime then Chrysler continues to bleed maybe $1B for each of the next 24 months? and then some Fiats are going to come along ... well the math just isn't good unless Chrysler can then sell say 2 million Fiats a year at MSRP. I'm not keeping up on all the finances and who's paying the bills and exactly what they are, but someone will be paying a lot of money to keep Chrysler around, just so a few new models can be sold here in the U.S. Meanwhile you can figure in 2 years that most of the existing Chrysler, Dodge, and Jeep models are history in the marketplace.
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Replying to: kernick (Jul 27, 2009 3:59 pm)
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| With enormous incentives Chrysler still can't move the metal of their showroom floors clutter with new/used 2009 models depreciating by the second. Fiat who was in the US with Yugo years ago left together embarrassed as the laughing stock of auto manufacturing. Sure Yugo was banned to Siberia and Fiat has emerged strong in Europe with still a spotty reliability record, but how will this help Chrysler. Folk our money is gone. We were never going to get paid back, because even if Chrysler repaid the government loan congress would find a way to steal it again. It was a bad investment that should have never been made. It will be two years before Fiat technology will make it here in the states. And that's like waiting two days for paramedics after a massive heart attack. RIP Chrysler!!! | |
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With a Renault CLIO common rail diesel, friends of mine (seniors) get 58 mpg average mileage over the year. This car fits two adults, one pet and two grocery bags. After 100,000 miles with regular service the small engine gave all it had and needed to be rebuilt for 6,000 USD (4,500 Euros). Where is the saving and who really wants to squeeze into a Fiat 500 or it's equivalent? You're in for a juvenile experience and may need assistance to pull out of your seat. You should also inquire about front tire life expectancy and cost of repair. Last point is safety: how does it feel to drive next to a truck merging on the Interstate or being in front of a truck coming to a stop? These small vehicles are meant to stay in the city, and should have their lanes. There is too much blood shed on EU roads because of sub-compact cars that offer insufficient protection. Do you know the smell of battery acid and blood? I do.
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Replying to: bpizzuti (Jul 27, 2009 4:08 pm) What I'm saying is that Chrysler must have 20 main models right now with different trim levels of those. Having 1 or 2 new vehicles that may sell 100,000 each in a few years to replace these vehicles IS NOT a savior for a company the size of Chrysler. In the current economic environment and what is likely for the next few years, with an auto market of 10-12 million in this country, and the competition there will be, there is no way Fiat will ever makeup the $'s being lost month after month. The taxpayers may make it up, and that is the only way Chrysler lives. The fact is that when the auto market goes from 17M to 10M, we simply don't need as many auto brands as we have! |
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A national newspaper is looking to speak to consumers who are avoiding Chryslers because of the way the dealership closures were handled and/or concerns about the product liability that could happen because of the bankruptcy process. Please send your daytime phone number and the vehicle you own to ctalati Thanks, Chintan Corporate Communications Edmunds.com |
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Replying to: caribou1 (Jul 28, 2009 12:12 am) I will be first in line for a test drive of the 500, but I agree with the majority here that the Fiat plan can't save Chrysler from the great trash heap of automotive history.
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