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Can Chrysler Turn It Around in Bankruptcy?
464 messages, Last post on Oct 02, 2009 at 3:05 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 5:08 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 1:12 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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Replying to: nippononly (Jul 28, 2009 7:04 am) Wasn't that what the colonel who played Wagner from the attack-helicopter squandron in Apocalypse Now, said? - "I love the smell of battery acid and blood in the morning!"
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Replying to: kernick (Jul 28, 2009 11:44 am) My Renault Dauphine was some 850cc in size, put out 1950's power, and could be overhauled with a $29.95 kit from JCWhitney. How do I know? Been there. Done that. After a couple years of exciting ownership, I traded up for a brand new 1969 R10. I loved them both, and reveled in their "dee-fair-onss". That 1100cc R10 could wax a 1300cc VeeDubyuh in a fair drag. And that is very important! |
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Replying to: wtd44 (Jul 28, 2009 2:47 pm) Just to refresh your memories: http://www.forum-auto.com/automobiles-mythiques-exception/section5/sujet380974.h- - - tm Times have changed! For 30$ you could get the head gasket and the copper seals/rings for the bottom of the cylinder sleeves. I'd be surprised if you got the full set of piston rings for that price (fire, compression and oil scraper) The nice thing about that small engine was that I could carry it to the workbench by myself, without the gearbox and accessories of course. The newer engines are quite different and located in front of the vehicle, so now you loose on winter and steep slope traction and everything becomes much more expensive Are you really sure you would enjoy such a small vehicle again with it's messy gear shifting pattern, total absence of torque and strange rear suspension? I think we pay a lot for torque on the newer models, and our problems are related to the way we produce power to keep the environment clean. Perhaps an in-between solution, a 2 Liter engine similar to the VW 2.0 TDI could be adequate to move a mid size sedan providing good safety of it's occupants, like the new Audi4
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Replying to: caribou1 (Jul 29, 2009 2:26 am) The more I think about Fiat trying to save Chrysler, the more ridiculous it gets. Who is going to pay to revamp the UAW factories to build these Fiat tech cars? Our over loaded tax payers is the answer. They will fail for the same reason they went bankrupt. The domestics cannot build low profit margin cars with their labor packages. The only reason Ford is doing well is most of their low profit vehicles are built in Mexico.
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Replying to: caribou1 (Jul 29, 2009 2:26 am) |
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