[letitburn84]

just to clarify, Bill Heard was doing all kinds of illegal stuff when dealing with customers which might have a bit more to do with them going under than the overall market conditions, although they certainly don't hurt.

$this->bbcode_second_pass_quote('VMarcHart', '')$this->bbcode_second_pass_quote('CarlosFerreira', '')$this->bbcode_second_pass_quote('VMarcHart', '')$this->bbcode_second_pass_quote('mgibbons19', 'I') wonder if that means it will be hard to find a replacement engine for the durango when the time comes?

[mgibbons19]

It would be nice if some of the lines survived. Dodge has grown on me with some of their work, although most of their good stuff leans towards the gas hog side of things. I would like to see Jeep survive somehow. I can't imagine someone wouldn't pick up jeep, but dodge may go the way of the dodo.

And yes, despite the troubles of suburbanism, despite being PO aware, despite all that, when these guys go down there will be more than enough hurt to go around.

[TreebeardsUncle]

Well, the commodity bubble bursting on recessionary fears will lead to renewed underinvestment in oil which will lead to a supply shortage starting this spring followed by a renewed runup in oil prices that will further crimp the auto-makers. That means that they won't see much of a recovery in 010.
g

[Denny]

Sad to see a classy guy like Ricardo go. For me, the most memorable image of Ricardo was in his ads for the Chrysler Cordoba of the 70's, especially the famous line about its interior, featuring "rich, Corinthian leathers". I am guessing he alone moved a few thousand tons of those cars.

Is it not symbolic that this same day we read that Chrysler is looking to spin off some its prized assets, more or less an asset fire sale? (Since denied by them.) Chrysler is still hanging in there on life support, but its not looking too bright for them.

[TWilliam]

$this->bbcode_second_pass_quote('Denny', 'F')or me, the most memorable image of Ricardo was in his ads for the Chrysler Cordoba

[Carlhole]

No doubt interred in the finest Cor-r-r-rinthinan laythayr.

[The_Virginian]

Him and Vincent Price were some of my favorite non-cowboy, non- James bond actors.

Presence and class.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('TWilliam', '')$this->bbcode_second_pass_quote('Denny', 'F')or me, the most memorable image of Ricardo was in his ads for the Chrysler Cordoba

[gt1370a]

It makes perfect sense! Haven't you read Atlas Shrugged?

The only way they can ensure continuous government support is to make the problem as big as possible, affecting as many people as possible - too big to fail. Survival of the weakest.

[nobodypanic]

$this->bbcode_second_pass_quote('gt1370a', 'I')t makes perfect sense! Haven't you read Atlas Shrugged?

[Ferretlover]

In an attempt to cut costs, struggling automaker offers cash and a voucher good for the purchase of a car to union employees that agree to leave company.
By Chris Isidore, CNNMoney.com senior writer, 2 Feb 2009:
$this->bbcode_second_pass_quote('', ' ')… According to a letter from a United Auto Workers executive to union members, Chrysler is offering up to $50,000 to virtually all of its 27,000 U.S. hourly workers, along with a voucher good for up to $25,000 on the purchase of a vehicle. …
Some retirement-eligible workers at plants that are set to close could get up to $115,000 in cash in addition to the $25,000 voucher. The packages are similar to ones Chrysler offered to its hourly workers late last year, although the voucher replaces part of the cash that was offered in 2008. …

[Plantagenet]

Nice to see our billions in federal bailout dollars being put to work by Chrylser in such a productive way..................[sub]not[/sub]

[Tanada]

$this->bbcode_second_pass_quote('Plantagenet', 'N')ice to see our billions in federal bailout dollars being put to work by Chrylser in such a productive way..................[sub]not[/sub]

[mos6507]

$this->bbcode_second_pass_quote('Tanada', '')$this->bbcode_second_pass_quote('Plantagenet', 'N')ice to see our billions in federal bailout dollars being put to work by Chrylser in such a productive way..........[sub]not[/sub]

[Tanada]

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('Tanada', '')$this->bbcode_second_pass_quote('Plantagenet', 'N')ice to see our billions in federal bailout dollars being put to work by Chrylser in such a productive way.......[sub]not[/sub]

[Plantagenet]

Chrysler has been trying to sell itself to Fiat....they've been in negotiation for a few weeks..

The timing here suggests Chrysler is using the federal bailout money to shed their high priced workforce to make themselves a more attractive takeover target for Fiat.

The whole "bailout" was pitched during the testimoney to Congress as a way to save the "American" auto-manufacturers----Mossie has a point about the bailout being intended to save (union) jobs, but Chrysler also made a plea for the bailout money by saying it was important to save the big 3 US-owned auto companies.

Now it turns out the billions in bailout money taken by Chrysler will most likely mainly benefit Fiat, a foreign owned corporation, by giving them the advantage of a lower-priced workforce to compete with GM and Ford after Fiat takes over Chrysler.

This kind of crap is exactly why I opposed the whole bailout deal in the first place. We're going to wind up with the US taxpayer repaying billions in loans to China that allowed Fiat to buy Chrysler after it sheds the high priced union workforce that will still be in place and hurting competitiveness at GM and Ford.

[mos6507]

$this->bbcode_second_pass_quote('Tanada', 'A')s for what the 'government' expected to see, #1 which particular part of the Government are you referring too, the former President, or the former Secretery of the Treasury? Bush 43 came up with the plan and Paulson carried it out, both of them are long gone and ain't coming back.

[gnm]

OK Mos and Plant are agreeing on things here... I'm starting to get creeped out. Hell is freezing over, cats and dogs living together that sort of thing!



-G

[Plantagenet]

$this->bbcode_second_pass_quote('gnm', 'O')K Mos and Plant are agreeing on things here... I'm starting to get creeped out. Hell is freezing over, cats and dogs living together that sort of thing!



-G

[deMolay]

I thought all was well. Everyone was happy with the unions sacrifices of $1.00 per day per man and giving up one week of personal days. Seems Chrysler management isn't buying in to that line. http://business.theglobeandmail.com/ser ... iness/home