Chrysler Finished?

nester7929 · 03-30-2009, 12:18 AM

http://www.msnbc.msn.com/id/29944834

"Frustrated administration officials said Chrysler cannot function as an independent company under its current plan. They have given Chrysler a 30-day window to complete a proposed partnership with Italian automaker Fiat SpA, and will offer up to $6 billion to the companies if they can negotiate a deal before time runs out.

If a Chrysler-Fiat union cannot be completed, Washington plans to walk away, leave[sic] Chrysler destined for a complete sell-off. No other money is available."

PQ · 03-30-2009, 12:31 AM

Uh Oh.

The Boat · 03-30-2009, 12:51 AM

yes yes yes yes yes!!! hahahahah finally someone gets what they deserve. They made awful cars for years and now they get to go out of business!!!!!! I wish the same could be said for othier instituuyions!

Zabo · 03-30-2009, 06:29 AM

;_;

Challenger, your sexy styling and boldness will be missed. SALUTE!~

fastball · 03-30-2009, 07:05 AM

Good riddance - there is not enough market to justify supporting 3 American companies when the largest one of them is barely holding on to a 23% market share.

It was a waste to support Chrysler with the first round of funds back in December. The govt. is right (for once) in giving Chrysler the final boot.

In all of my friends and family, I don't know of one person who has ever liked Chrysler or bought their products. Ford? Yes. GM? Absolutely. Chrysler? No one I know would cry if they folded tomorrow.

The company has been on life support almost since the govt. bailed them out in the first place 30 years ago. With the excpetion of a brief stint in the early-mid 1990's (when our dear friend Bob Lutz worked there), they have always had lackluster product and sub-par quality.

Tal · 03-30-2009, 07:27 AM

Come on guys, there are plenty of MOPAR enthusiasts and a lot of good people work for Chrysler, no need to cheer for the potential of their collapse. Chrysler does seem to have the largest problems of the big three, with platforms and technology that's simply lagging behind the competition across the board. Despite that I expect Chrysler/Dodge/Jeep will survive in some form though and would be particularly shocked to see Jeep disappear. Even if things don't work out with Fiat something will happen, possibly they get recreated as a leaner more focused company (that will cost investment money though, which is hard to come buy right now), it's also quite possible the remains will be bought up by the Chinese or any number of other groups.

Zabo · 03-30-2009, 07:36 AM

Quote:

Originally Posted by Tal

...it's also quite possible the remains will be bought up by the Chinese or any number of other groups.

I pray to god that it doesn't come to this.. I'd love it if the Indians took it. Seriously, diesel Jeeps in Calcutta? That would help them a lot with their truck development. Not to mention the big Philipino market for Jeeps and assorted trucks.

India, buy Jeep. You guys need it, and deserve it with what you pulled out of that cobra basket: The Nano.

PQ · 03-30-2009, 07:37 AM

I've always liked Jeep. But of the Big Three, I think Chrysler has EASILY had the most substandard product. God hears me and I'm telling the truth, everyone I know who has owned a Dodge truck or suv has had to replace their tranny. EVERYONE. I could just be an isolated situation and we shouldn't turn this into a performance thread but it's true.

That being said, I don't know the sales figures before the economy problem hit. I don't beleive it would be good for the others if Chrysler went OOB.

Sierra · 03-30-2009, 07:42 AM

We dont want any American car maker to go away. It will have a detrimental effect on the whole industry.

fastball · 03-30-2009, 08:09 AM

Quote:

Originally Posted by Sierra

We dont want any American car maker to go away. It will have a detrimental effect on the whole industry.

There is no way to justify supporting the weakest one (which has been the weakest one for years) when the market share of the largest of the 3 is barely a quarter of the market.

I know some people have sentimental reasons to keep Chrysler, but finacially it doesn't cut it anymore. The numbers do not work.

Muscle Master · 03-30-2009, 08:47 AM

Do note that GM also has that same 30 day window to shape up as well ( as I watch the news this morning) and is it true that the gov. forced GM's CEO to resign

:( Man this shit sucks, it's not looking good for both automakers, and Ford is probably laughing their asses of

Angrybird 12 · 03-30-2009, 08:48 AM

Quote:

Originally Posted by Muscle Master

Do note that GM also has that same 30 day window to shape up as well ( as I watch the news this morning) and is it true that the gov. forced GM's CEO to resign

:( Man this shit sucks, it's not looking good for both automakers, and Ford is probably laughing their asses of

MSNBC said GM had 60 days....

ChevyNut · 03-30-2009, 08:59 AM

Quote:

Originally Posted by irpq11

I've always liked Jeep. But of the Big Three, I think Chrysler has EASILY had the most substandard product. God hears me and I'm telling the truth, everyone I know who has owned a Dodge truck or suv has had to replace their tranny. EVERYONE. I could just be an isolated situation and we shouldn't turn this into a performance thread but it's true.

That being said, I don't know the sales figures before the economy problem hit. I don't beleive it would be good for the others if Chrysler went OOB.

Wrong my 2001 1500 ram has 120k and no major problems.

fdjizm · 03-30-2009, 09:42 AM

oh man no more fake bentley 300c's with the chrome grill, sittin' on 22's yo :(

so sad *putting eye drops in eyes for tears*

03-30-2009, 12:18 AM	#1
nester7929 Rice Harvester Drives: 2014 Bright Yellow 2SS/RS Join Date: May 2008 Location: Plainview, TX Posts: 1,449	Chrysler Finished? http://www.msnbc.msn.com/id/29944834 "Frustrated administration officials said Chrysler cannot function as an independent company under its current plan. They have given Chrysler a 30-day window to complete a proposed partnership with Italian automaker Fiat SpA, and will offer up to $6 billion to the companies if they can negotiate a deal before time runs out. If a Chrysler-Fiat union cannot be completed, Washington plans to walk away, leave[sic] Chrysler destined for a complete sell-off. No other money is available."

03-30-2009, 12:31 AM	#2
PQ Booooosted. Drives: 2010 Supercharged SS Join Date: Apr 2008 Location: Mobile, AL Posts: 36,716 View My Garage	Uh Oh. __________________

03-30-2009, 07:37 AM	#8
PQ Booooosted. Drives: 2010 Supercharged SS Join Date: Apr 2008 Location: Mobile, AL Posts: 36,716 View My Garage	I've always liked Jeep. But of the Big Three, I think Chrysler has EASILY had the most substandard product. God hears me and I'm telling the truth, everyone I know who has owned a Dodge truck or suv has had to replace their tranny. EVERYONE. I could just be an isolated situation and we shouldn't turn this into a performance thread but it's true. That being said, I don't know the sales figures before the economy problem hit. I don't beleive it would be good for the others if Chrysler went OOB. __________________ Last edited by PQ; 03-30-2009 at 08:13 AM.

03-30-2009, 07:42 AM	#9
Sierra Drives: 2004 GMC Sierra SLT 4x4 Join Date: Feb 2008 Location: Southern NJ Posts: 1,049	We dont want any American car maker to go away. It will have a detrimental effect on the whole industry. __________________ On the 8th day God created the Camaro and all is good.

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03-30-2009, 12:51 AM	#3
The Boat His seafaringness Drives: yugo Join Date: Mar 2009 Location: the somewhere in the pacific ocean Posts: 128	yes yes yes yes yes!!! hahahahah finally someone gets what they deserve. They made awful cars for years and now they get to go out of business!!!!!! I wish the same could be said for othier instituuyions!

03-30-2009, 06:29 AM	#4
Zabo Gunning for Sixth Drives: '03 ZR2 Blazer Join Date: Sep 2008 Location: Woodhaven, Michigan Posts: 9,358 View My Garage	;_; Challenger, your sexy styling and boldness will be missed. SALUTE!~

03-30-2009, 07:05 AM	#5
fastball Banned Drives: 2017 Camaro 2SS 6MT Join Date: Aug 2006 Location: Cleveland, Ohio Posts: 4,372	Good riddance - there is not enough market to justify supporting 3 American companies when the largest one of them is barely holding on to a 23% market share. It was a waste to support Chrysler with the first round of funds back in December. The govt. is right (for once) in giving Chrysler the final boot. In all of my friends and family, I don't know of one person who has ever liked Chrysler or bought their products. Ford? Yes. GM? Absolutely. Chrysler? No one I know would cry if they folded tomorrow. The company has been on life support almost since the govt. bailed them out in the first place 30 years ago. With the excpetion of a brief stint in the early-mid 1990's (when our dear friend Bob Lutz worked there), they have always had lackluster product and sub-par quality.

03-30-2009, 07:27 AM	#6
Tal Drives: Old Join Date: Sep 2008 Location: OK Posts: 726	Come on guys, there are plenty of MOPAR enthusiasts and a lot of good people work for Chrysler, no need to cheer for the potential of their collapse. Chrysler does seem to have the largest problems of the big three, with platforms and technology that's simply lagging behind the competition across the board. Despite that I expect Chrysler/Dodge/Jeep will survive in some form though and would be particularly shocked to see Jeep disappear. Even if things don't work out with Fiat something will happen, possibly they get recreated as a leaner more focused company (that will cost investment money though, which is hard to come buy right now), it's also quite possible the remains will be bought up by the Chinese or any number of other groups.

03-30-2009, 09:42 AM	#14
fdjizm Account Suspended Drives: 2008 Mustang GT/CS Join Date: Mar 2009 Location: New Jersey Posts: 1,429 View My Garage	oh man no more fake bentley 300c's with the chrome grill, sittin' on 22's yo :( so sad putting eye drops in eyes for tears