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The Progression of Chrysler

69 messages,  Last post on Jan 30, 2013 at 8:20 PM

You are in the Automotive News & Views Forum.

What is this discussion about? Chrysler, Fiat, Automotive News

Messages Page 3 of 7

#20 of 69 Re: Fiat's ace card [steve_] by fintail

Nov 16, 2011 (12:16 pm)

Replying to: steve_ (Nov 16, 2011 5:18 am)
The Enterprise-Alamo-National fleet got a dump of them about 3-4 months ago... I wonder who will be next.

#21 of 69 Re: Chrysler Refuses to Correct Warranty Start Date [steve_] by andres3

Nov 17, 2011 (9:17 am)

Replying to: steve_ (Nov 12, 2010 1:09 pm)
And try asking in the Got a Quick Question for a Car Dealer? discussion. We're talking more about the company here, not individual problems, and you may get more help over there.
 
Ahhh... but individual problems like Karynr's are exactly why the "Company" of Chrysler has been bailed out twice from bankruptcy.
 
It had nothing to do with Daimler or the economy, and everything to do with the way Chrysler treats customers (and what they sell them).

#22 of 69 Re: I wish them well, but... [nine51] by andres3

Nov 17, 2011 (9:21 am)

Replying to: nine51 (Nov 21, 2010 9:36 am)
I will need to see a big increase in quality from Chrysler before I buy another one, and I doubt Fiat will be the company to correct that.
 
 
Being that FIAT stands for FIX IT AGAIN TONY (Tony being a car mechanic), I think your doubts are well warranted.

#23 of 69 Re: hiring in Auburn Hills [steve_] by andres3

Nov 17, 2011 (9:24 am)

Replying to: steve_ (Nov 30, 2010 12:15 pm)

With the 1,000 engineering hires,
 
How many of those thousand engineers will be former proven failures for engineers from Ford (back when they sucked), GM (bankruptcy) or even former Chrysler workers? Poor excuse for engineers unless they are completely new blood.

#24 of 69 Re: payback time [steve_] by andres3

Nov 17, 2011 (9:28 am)

Replying to: steve_ (May 24, 2011 11:27 am)
It's not clear to me what interest rate the loans to Chrysler were made at. Are tax payers making reasonable return for the investment in Chrysler over the last few years?
 
Payback should be directly to the American people, no need to give thanks. They can show their gratitude by putting a new Viper in everyone's driveway. Otherwise, spare me.

#25 of 69 Re: payback time [andres3] by lemko

Nov 17, 2011 (11:38 am)

Replying to: andres3 (Nov 17, 2011 9:28 am)
They can give me a new Chrysler 300-C SRT8! Make mine red!

#26 of 69 Re: payback time [andres3] by robr2

Nov 18, 2011 (8:32 am)

Replying to: andres3 (Nov 17, 2011 9:28 am)
It's not clear to me what interest rate the loans to Chrysler were made at. Are tax payers making reasonable return for the investment in Chrysler over the last few years?
 
Chrysler was paying an over double digit interest rate to the US and Canadian governments which cost them $1.2 billion in 2010. Not a bad return to the government on $7.5 billion in loans. That's 16%!!
 
Chrysler paid the money back earlier this year.
 
http://online.wsj.com/article/SB10001424052702304520804576341363763683294.html

#27 of 69 Re: payback time [robr2] by andres3

Nov 18, 2011 (10:27 am)

Replying to: robr2 (Nov 18, 2011 8:32 am)
Frankly, for the risk involved, we should have gotten 32%.
 
However, on principle alone, I'd of never loaned Chrysler any money as it is always a bad idea to help a bad company with bad people in it.

#28 of 69 Re: payback time [andres3] by robr2

Nov 18, 2011 (10:35 am)

Replying to: andres3 (Nov 18, 2011 10:27 am)
Well I'm sure we're never going to agree on this topic.
 
IMHO, not bailing out GM and Chrysler could have led to an even greater economic downturn than we experienced. We can only hope that moving forward, these two companies work better.

#29 of 69 Re: payback time [robr2] by andres3

Nov 18, 2011 (11:12 am)

Replying to: robr2 (Nov 18, 2011 10:35 am)
Knowing that the only and sole reason they want to pay off the gov't loans by taking private loans is so that they can give themselves bigger bonuses and bigger golden parachutes, I can't wish them well, sorry!

Messages Page 3 of 7

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