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To: MinorityRepublican
It's interesting who is buying an 80% stake in the company (Cerberus Capital Management). It's also interesting as well who is a member of this group (John Snow). Hopefully this will translate into better decision making. But that remains to be seen since the Germans (Daimler-Chrysler) still maintains 20% ownership.

I really, really don't think Deiter inspired or anything else American customers with his commercials either. But alas we have lost many good American cars over the last few years and not to foreign owners.
14 posted on 05/14/2007 11:37:02 AM PDT by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: K-oneTexas

Chrysler made more money in the last 20 years than the other two members of the Big Three.

The public doesn’t know that because for the last 9 years, Daimler has sucked off any signs of profits from Chrysler and taken them back to the fatherland.

Remember, when Daimler “merged” with Chrysler, Chrysler had over $10 billion cash on hand. That is all gone.

I know a lot of people like to bash American cars, but this is a case where Chrysler’s quality exceeded Mercedes (another fact seldom reported).

The Germans loved treating Chrysler as the bastard child of the relationship, ladling all their ills on the Americans when it was Chrysler’s profits that propped up Mercedes for most of the 9 years they were together.

Let us never forget that Daimler never allowed Chrysler to use anything from Mercedes without a charge. Daimler forced Chrysler to purchase all new equipment from European companies with ties to Daimler shareholders instead of from the best companies at the lowest cost.

Yes, it is easy to beat up Chrysler. Believe me, some of the management is completely incompetent and they are saddled with a dinosaur union. However, Chrysler has produced some of the most innovative vehicles in the last 20 years and has risen from the ashes before.

Watch Chrysler Corporation LLC rise again.


29 posted on 05/14/2007 11:51:35 AM PDT by Erik Latranyi (The Democratic Party will not exist in a few years....we are watching history unfold before us.)
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