T
The Hammer
Guest
The company has been on the brink of bankruptcy for decades why not let it happen like some many airlines have?
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The auto bail out, why Chrysler it's a privately owned company held by a hedge fund?
S
sweeteralsothanhuniii
Guest
ummm, WRONG, bonsai.
Chrysler is a horrible manufacturer and has only junk, its true, and rarely last past 85,000 or over 100,000
GM/CHEVROLET is a wonderful automobile . You can drive those things and put up to 700,000 miles on them. NO KIDDIN, and hardly EVER need overhauling or repaired. I drove my chevy lumina til 2 months ago (still drives!) and it has 365,000 miles on it, My brother has a Chevy Impala, 579,000 miles on it, and my dad has two trucks and a car from GM and CHEVY with over 300,000 miles on ALL of them......
Ford, sux also. And you have to get them worked on all the time. (Fix Or Repair Daily)
Chrysler is a horrible manufacturer and has only junk, its true, and rarely last past 85,000 or over 100,000
GM/CHEVROLET is a wonderful automobile . You can drive those things and put up to 700,000 miles on them. NO KIDDIN, and hardly EVER need overhauling or repaired. I drove my chevy lumina til 2 months ago (still drives!) and it has 365,000 miles on it, My brother has a Chevy Impala, 579,000 miles on it, and my dad has two trucks and a car from GM and CHEVY with over 300,000 miles on ALL of them......
Ford, sux also. And you have to get them worked on all the time. (Fix Or Repair Daily)
M
Mike B
Guest
No, we should not bail out these Companies, but with an all Democratic Executive and Legislative branch, and them wanting to put UAW in there pockets, you can pretty much bet that we will bail them out. Sure, we may put some restrictions on their executives, and have them produce fuel efficient and hybrid cars, but the goal will be to save the UAW and their workers.
B
bonsai
Guest
The big three have been held up by the USA consumer artificially since 30 years. They have lost every year market share. The CEO's are fat, white happy farts without a clue. The bailout will just extend the inevitable.
VW, the largest German Automaker is more worth then the big three together and it produces only two SUV models.
Toyota could buy the entire big three in Detroit and still have cash left over.
VW, the largest German Automaker is more worth then the big three together and it produces only two SUV models.
Toyota could buy the entire big three in Detroit and still have cash left over.
H
Hot Dog
Guest
No we shouldn't, let them go like so many companies who continue to make mistakes.
D
Daniel M
Guest
Actually after the government loans that it received while Lee Iacocca was CEO Chrysler was profitable. Like GM and Ford it just got too fat, dumb and happy and concentrated on building cars that nobody any longer wanted when the price of gas skyrocketed. Just before the gas prices went up Chrysler quit making the Neon. How smart was that. Cerberus, the investment Company that bought the largest share of Chrysler from Daimler Benz, just stepped in and bought it when its stock price was way down.