Merge or liquidate
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Elder User
Joined: Feb 2003
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Merge or liquidate
Obama has stern words for not only Chrysler but GM as well.
Chryslers' future depends on what the Government told them Sunday. Merge (possibly with Fiat or GM) or LIQUIDATE. They’re viability restructuring plan to be in place by the end of this month did NOT “pass mustard” with the Governments bailout demands. Which would render dire consequences for Chrysler/Jeep owners. Very sad day for Chrysler indeed.
How about GM and Ford? Any input as to how this may all play out?
Chryslers' future depends on what the Government told them Sunday. Merge (possibly with Fiat or GM) or LIQUIDATE. They’re viability restructuring plan to be in place by the end of this month did NOT “pass mustard” with the Governments bailout demands. Which would render dire consequences for Chrysler/Jeep owners. Very sad day for Chrysler indeed.
How about GM and Ford? Any input as to how this may all play out?
Junior User
Joined: Nov 2008
Posts: 68
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I think help is already on its way for all of the auto mfg'rs.???
Obama offers incentives to spur auto sales:
http://finance.yahoo.com/news/Obama-...-14783196.html
Obama offers incentives to spur auto sales:
http://finance.yahoo.com/news/Obama-...-14783196.html
Last edited by TigerDan; Mar 30, 2009 at 11:35 AM. Reason: Removed copyrighted material
Moderator
Joined: Dec 2001
Posts: 22,436
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From: Louisville,Ky.
Obama has stern words for not only Chrysler but GM as well.
Chryslers' future depends on what the Government told them Sunday. Merge (possibly with Fiat or GM) or LIQUIDATE. They’re viability restructuring plan to be in place by the end of this month did NOT “pass mustard” with the Governments bailout demands. Which would render dire consequences for Chrysler/Jeep owners. Very sad day for Chrysler indeed.
How about GM and Ford? Any input as to how this may all play out?
Chryslers' future depends on what the Government told them Sunday. Merge (possibly with Fiat or GM) or LIQUIDATE. They’re viability restructuring plan to be in place by the end of this month did NOT “pass mustard” with the Governments bailout demands. Which would render dire consequences for Chrysler/Jeep owners. Very sad day for Chrysler indeed.
How about GM and Ford? Any input as to how this may all play out?
Obama specifically stated that even if they can not restructure and bankruptcy doesn't work, The government will stand behind all warranties. Lifetime powertrain warranty is good to go!! As well as service and parts will be available.
Listened to the speech myself.
Logistics Pro
Joined: Nov 2004
Posts: 4,562
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From: Southern MD
Why a dire day for Chrysler/Jeep owners?
Obama specifically stated that even if they can not restructure and bankruptcy doesn't work, The government will stand behind all warranties. Lifetime powertrain warranty is good to go!! As well as service and parts will be available.
Listened to the speech myself.
Obama specifically stated that even if they can not restructure and bankruptcy doesn't work, The government will stand behind all warranties. Lifetime powertrain warranty is good to go!! As well as service and parts will be available.
Listened to the speech myself.
Now THAT's scary!
There's 'something' about this whole thing that doesn't sound right.
WHY merge with an Italian company??? (FIAT.)
Something stinks. I haven't quite figured it out yet.
Except, Mr. O. is trying (unsuccessfully, sofar, I will add) to get his cabinet filled with people that can't manage their own finances, yet, he wants them to have control over OUR finances!!!
Something is not right in "The Land of The Free and the Home of the Brave", I tell ya.
Elder User
Joined: Oct 2006
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They've been spending more than they've been taking in for how many years now?
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Post Fiend
Joined: Jun 2001
Posts: 5,228
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From: Running Springs CA
FIAT probably just wants Jeep. That brand has been a curse for every owner since the beginning. American Bantam, ******, Kaiser, American Motors and now Chrysler.
Ford was smart to build Jeeps under license for the military, but never actually own it.
Jim
Ford was smart to build Jeeps under license for the military, but never actually own it.
Jim
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Logistics Pro
Joined: Nov 2004
Posts: 4,562
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From: Southern MD
Yup, and Old Henry Ford was smart enough to put his "Tradmarked" "F" on each and every part that the company made for the military, too!
(He said that he's stand behind the vehicles that HE made, but not the others!)
"Old Hank" was a purty smart man. . . . .
Post Fiend
Joined: Oct 2007
Posts: 10,501
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From: Faibanks Ak.
Tell me if I am wrong but BO said the only way that chrysler will get anymore govt money is a deal with fiat. Does this not give fiat a lot more leverage in this deal.
Now as far as warranty if the companies that build the parts for gm and chrysler go under where are the parts for a govt warranty going to come from I've been told ford has already run into this and is haveing to start manufacture some of their own parts.
Do you think the govt will start manufactoring parts to uphold the warranty.
And last but not least can ford compete with the govt.
Remember what happened when the feds trien to run the mustang ranch in Nevada.
Now as far as warranty if the companies that build the parts for gm and chrysler go under where are the parts for a govt warranty going to come from I've been told ford has already run into this and is haveing to start manufacture some of their own parts.
Do you think the govt will start manufactoring parts to uphold the warranty.
And last but not least can ford compete with the govt.
Remember what happened when the feds trien to run the mustang ranch in Nevada.