Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Chrysler group to post $1.5 billion loss in third quarter (Breaking)
Autonews ^ | 9/15/06 | Mikey_1962

Posted on 09/15/2006 6:19:51 AM PDT by Mikey_1962

Chrysler group to post $1.5 billion loss in third quarter

FRANKFURT (Reuters) -- DaimlerChrysler cut its 2006 operating profit forecast by around $1.27 billion (1 billion euros) today and predicted the Chrysler group could lose $1.5 billion (1.2 billion euros) in the third quarter, much worse than first thought.

DaimlerChrysler now expects 2006 operating profit of only around $6.34 billion (5 billion euros).


TOPICS: Business/Economy
KEYWORDS: chrysler; daimlerchrysler
Navigation: use the links below to view more comments.
first previous 1-2021-36 last
To: rightwingextremist1776

You lucked out. NO SUV rollover problems but MAJOR tranny proeblems with every Chrysler, Dodge and Plymouth I've ever had experience with. It's the only car maker every person in my family and all my friends have sworn off completely. Frankly, yours is the only decent story I've heard ever about a Chrysler product.


21 posted on 09/15/2006 7:48:47 AM PDT by Hoodlum91 (I've been rocked.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Hoodlum91
The A604 transmission on Chrysler minivans plagued Chrysler (and its minivan owners) throughout the 1990s.
22 posted on 09/15/2006 7:55:57 AM PDT by BW2221
[ Post Reply | Private Reply | To 21 | View Replies]

To: stevio
I have 4 and I'm trying to talk my wife into a SUV and out of the minivan.

Seats seven:


23 posted on 09/15/2006 7:59:14 AM PDT by antiRepublicrat
[ Post Reply | Private Reply | To 8 | View Replies]

To: Mikey_1962
I think Dr Z's commercials have gone downhill since the first one, where he was showing a reporter the advantages of Cherman engineering and ran an SUV into a wall at about 35 mph.

He asked "Any qvestions?"

Reporter says "No, I'm good."

The rest of the ads seem sort of insipid after that one.

24 posted on 09/15/2006 8:00:23 AM PDT by Ole Okie
[ Post Reply | Private Reply | To 1 | View Replies]

To: BW2221

Unfortunately all their problems led to virtually everyone I know vowing to never own a Chrysler product.

The merger was the only thing that saved them (briefly) IMO. The Chyrsler Group will chut down completely in the next 5 years is my guess.

Then Daimler and the Mercedes group can focus on semi-decent cars again.


25 posted on 09/15/2006 8:01:39 AM PDT by Hoodlum91 (I've been rocked.)
[ Post Reply | Private Reply | To 22 | View Replies]

To: antiRepublicrat

Front springs have given out.


26 posted on 09/15/2006 8:01:58 AM PDT by Ole Okie
[ Post Reply | Private Reply | To 23 | View Replies]

To: Mikey_1962
Serves the Kraut's right.


Oh and it was Bush's fault.
27 posted on 09/15/2006 8:03:43 AM PDT by CholeraJoe (USAF Air Rescue "That others may live.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: roscommon
Mercedes has really done an exceptional job engineering this little car.

A friend of mine has one, and I would have bought one if I hadn't left Germany. They are very well engineered and safe. I saw a staged offset head-on with a normal small car (VW Golf size). The other driver would have been in the hospital, while the Smart driver may have gotten a headache. There was actually damage on the Smart's rear-end due to the design routing the force of the accident around the passenger compartment.

It's like an egg shell, special alloy, not regular steel.

28 posted on 09/15/2006 8:04:23 AM PDT by antiRepublicrat
[ Post Reply | Private Reply | To 13 | View Replies]

To: BW2221; All
One of the reasons Toyota has been so successful is that experiential events are such an important part of its marketing.

Ford did that with the Fusion; one such event was written up in Car and Driver.

I haven't heard how well the Fusion is selling. Regardless, when they start building cars that drive and feel and work like Hondas and Toyotas, they'll see some success.

Oh, and as for Chrysler, I've purchased four of them since 2000 (one new, two used, and one very used) and I've been quite pleased. Fifteen years ago, I wouldn't have considered owning one.

29 posted on 09/15/2006 8:16:26 AM PDT by newgeezer (In memory of Maynard Ferguson (1928-2006))
[ Post Reply | Private Reply | To 15 | View Replies]

To: Ole Okie
Front springs have given out.

It just looks like that from that view. It's horizontal on the bottom.

30 posted on 09/15/2006 8:16:31 AM PDT by antiRepublicrat
[ Post Reply | Private Reply | To 26 | View Replies]

To: newgeezer

The perceived quality difference between Asian and "Big Three" models today is much greater than the actual difference.


31 posted on 09/15/2006 8:19:42 AM PDT by BW2221
[ Post Reply | Private Reply | To 29 | View Replies]

To: BW2221
The perceived quality difference between Asian and "Big Three" models today is much greater than the actual difference.

Perhaps that's the price of too many decades spent resting on their laurels.

32 posted on 09/15/2006 8:26:39 AM PDT by newgeezer (In memory of Maynard Ferguson (1928-2006))
[ Post Reply | Private Reply | To 31 | View Replies]

To: Tinman93

There is a couple of them driving around town now, I will wait to see how well the heater works in the cold and ice.


33 posted on 09/15/2006 8:35:23 AM PDT by ASOC (The phrase "What if" or "If only" are for children.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Mikey_1962

34 posted on 09/15/2006 8:36:01 AM PDT by moehoward
[ Post Reply | Private Reply | To 1 | View Replies]

To: newgeezer
The U.S. manufacturers made a number of mistakes.

One was not improving quality sooner.

A second was building cars that all looked alike with minor cosmetic changes.
- A Ford looked exactly like a Mercury
- A Dodge looked like a Plymouth
- During the 1980s GM had the same car for all it's lines (Chevrolet through Cadillac) - Cavalier, Sunbird, Shyhawk, (I forgot the Olds name) and Cimarron
35 posted on 09/15/2006 8:45:43 AM PDT by BW2221
[ Post Reply | Private Reply | To 32 | View Replies]

To: BW2221
(I forgot the Olds name)

Firenza, I think.

36 posted on 09/15/2006 9:20:40 AM PDT by newgeezer (In memory of Maynard Ferguson (1928-2006))
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-36 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson