Posted on 04/05/2009 4:36:16 PM PDT by kellynla
NEW YORK (CNNMoney.com) -- It's easy to think that Chrysler LLC is no longer too big to fail.
The embattled automaker has already cut its U.S. workforce by more than 60% since the start of the decade, leaving it with just under 39,000 employees in America.
To put that into context, that's only five thousand more people than electronics retailer Circuit City had when it went out of business this year -- and few thought the demise of Circuit City would cripple the economy.
Once a pillar of the Big Three, along with General Motors (GM, Fortune 500) and Ford Motor (F, Fortune 500), Chrysler now trails Toyota Motor (TM) in U.S. sales and is struggling to stay ahead of Honda Motor (HMC).
So the news that the company could be forced out of business in the next 30 days if it can't work out a combination with Italian automaker Fiat strikes some as not that big of a deal.
"This is a company we can do without at least for the next couple of years without missing its production," said Kevin Tynan, auto analyst with Argus Research.
(Excerpt) Read more at money.cnn.com ...
>>I have a serious question, what happens to the warranty on my 2008 Caravan I just bought in Nov.??????....You know the one with the lifetime powertrain yada yada..<<
Don’t worry Obama’s DMV Automotive Repair Center will take good care of you!
http://www.reason.tv/video/show/742.html
I've worked at Chrysler's Dealerships for about 23 Years, and this is the biggest horse shit statement I've heard in a very long time. Unless you are talking about "Made in China" knockoffs crap!"
First and foremost, OEM's (Original Exchange Manufactured) parts for any type of manufacturer, is obligated contractually to manufacture exchange parts for at least 10 Years or longer from the time that particular model was canceled/terminated.
Furthermore the after-market parts business will be in high gear churning out exchange parts for the needed repairs.
Did I mentioned that Obama is taking care of the Warranty repairs on your automobile? Boy, is this not swell or what?...........
As for suspension, the live axle is for carrying heavy loads. Your vaunted Hyundai wouldn't last half a day doing what my old Crown Vic does with ease (75 mph with 300 lbs of dogs, 500 lbs of people, a trailer, 400 lbs of gear, and food for a week) for days on end, stopping only for gas, food, or a restroom break.
You might out-corner me, but you'll need four trips to do what I do in one.
Keep your Korean Krap. I'll keep my American cars. Comfort and reliability beat import anything, everyday. For me, anyway. YMMV.
All Studebakers were engineering marvels in my book.
Yes, it had the Paxton centrifugal blower. Not much boost by today's standards, but back then...giggle. They had to use cupped pistons.
I loved the thing, a symphony of chrome and black.
My previous car was the 1951 black "Buxom Torpedo"- The one where you could drive the wrong way down a one-way street and people would either not notice, or be confused. 262 Cubic inch little V8.
Someone needs to get a good photo of a GM or Chrysler parts counter guy and paste on Zero's head. Any Photoshop artistes here?
The story = paid propaganda for Chrysler.
I prefer Japan/Korean made than Union made s**t...
FYI, genius, if not for “Christians” your “mommy” and you would be speaking German or Japanese today!
AND DON'T YOU EVER FORGET IT!
And, if you tried “reading” a Bible instead of “Atlas Shugged” you might learn something constructive!
shezzzzzzzzzzzzzzzzzzzzzzzz...
I'm sure you are correct, but it's kind of difficult to force a company to make a part when the company is CLOSED FOR BUSINESS...now isn't it. LOL
gezzzzzzzzzzzzzzz...you people must sit on your brains!
Hey dumb dumb.. That was then this is now... WE WHERE AT WAR with Japan and N Korea... NOW IT IS 2009 and JAPAN AND SOUTH KOREA IS NOW ARE ALLIES.. STOP LIVING IN THE PAST!!!
I never knew that.
I did occasionally get some parts from NAPA and I just asked for something to fit a 61 Lark. I was amazed at what they seemed to have in stock.
I guess I know why now.
Studebaker was supplied by the same parts makers as GM, Ford and Chrysler but was always slow to pick up on the upgrades those parts makers offered. I think Studebaker had an idea that many of their customers did their own repairs and would be more familiar with the old stuff. They may not have been pretty but they were durable.
you MUST be looking in the mirror, “dumb dumb!”
THE POINT is that we MUST have a mfg. base in America if we are going to remain sovereign and secure!
LET ME KNOW WHEN YOU CATCH UP!
shezzzzzzzzzzzzzzzzz
The crooked bankers and brokers/traders and oil companies were allowed by our crooked government to manipulate the futures oil prices for 3 years or more until the price of oil reach 150 a barrel.
The never was a shortage of oil driving it. It was all manipulations. GM & Ford & Chrysler were doing good until this criminal manipulation.
YET the media & the loathsome NeoConArtist pretend this never happened. Just as they ignore that all new big 3 UAW workers are working for 1/2 wages and have been for some time. They keep saying they need to restructure and downsize.
They have been restructuring and downsizing for 20 years. What a bunch of lying & dishonest media and politicians we have. They say bankruptcy would be the best thing when they know it will put them out of business.
These politicians know it would be the worst thing. But they are sold out to foriegn interest and this false religion they call free trade.
They know Japan & China & Germany have (massive tarrifs) on our autos and all Our products.
automakers would be to have a fair trade were foriegn makers had to pay a tax to sell there cars in this country like we have to in order to sell in their countries.
But they don't care. These men call themselves conservatives and care nothing of the growing military threat of China and it's alliance with Russia.
They don't care the we will have no Steel and industrial strength left to defend ourselves from a Chinese attack once they destroy General Motors and the rest of the auto industry. And they don't care.
No bankruptcy can General Motors bring wages as low as Korea's or China or allow them to compete against German and Japanese cars brought in our country tax free, while the taxes double the cost of the few cars we export and to them.
All the car companies need are loan guarantees for daily operating capital.
Etc. and a tax on imported autos as they do on our auto exports
thank to treasury The Great American Yard Sale
http://www.time.com/time/magazine/article/0,9171,1832861,00.html
Whatever comrade...
Free trade has made America great and wealthy. Check history. Take an introductory economics class. Things have gotten worse because of big government meddlers. Our golden age occurred at a time of nearly no limitations by government.
You are pushing the accelerator, but are moving in reverse, as in the wrong way.
The culprit is not free trade or free markets, but government meddling. Think - why would someone move their business overseas in the first place?
Bullcrap. Christianity had nothing to do with America’s victory in World War II. There were Jews, Buddhists, atheists, Hindus, Sikhs and others fighting on the allied side in the War.
Chrysler made a defective car. That could have happened to any company, I suppose. It was their subsequent behavior regarding their defective vehicle that was unforgivable, as my original post made clear. It is not “whining” to observe that a company that treats its customers like garbage deserves to go out of business as a result. You seem to think that I have some moral obligation to patronize, and to bail out, a company that treated me in that manner. I do not.
What I never forget is the way Christians act, which is not in any way superior to how atheists or agnostics act. For example, I observe your gratuitous insults, which are part and parcel of the “Christian” behavior I have observed all my life. Christians like yourself differ from others only in their penchant to declare their moral superiority.
The Bible is a centuries-old work of fiction, self-contradictory and barbaric. It has nothing to offer me, or anyone. Reading it does not make you morally superior, only stupid.
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