Chrysler not going anywhere

Muscle Master · 04-28-2009, 12:24 PM

Gov approved Chrysler's plans for the future, and Daimler is not apart of Chrysler anymore .... Things are starting to shape

It's on autoblog

BigRigMike · 04-28-2009, 01:37 PM

It looks like the UAW health care will own 55%, FIAT will own 20% with possibility to get to 35%, and then the Govt will own 10%. I assume the remainder will be current stockholders.

PQ · 04-28-2009, 07:54 PM

So the workers have effectively taken over the business. Hmmmmmmmmmm seem fair?

But It's a good sign of stability coming. Hurray for Chrysler.

kevin2323 · 04-28-2009, 09:23 PM

YES BRING ME MY ALFA ROMEO BODY WITH A NEW 528 HEMI IN IT!!!!!! LOL

*DGthe3* · 04-28-2009, 09:38 PM

Something just seems really strange about they UAW owning the automakers (at least in part) ... stranger than the government taking shares.

OUR72GTO · 04-29-2009, 01:02 AM

Like the fox in the henhouse?

THE EVIL TW1N · 04-29-2009, 01:38 AM

Quote:

Originally Posted by DGthe3

Something just seems really strange about they UAW owning the automakers (at least in part) ... stranger than the government taking shares.

it is, isn't it?

Emher · 04-29-2009, 05:06 AM

Not sure how to feel about this. But good for the competition that Chrysler is staying.

*DGthe3* · 04-29-2009, 10:58 AM

Quote:

Originally Posted by OUR72GTO

Like the fox in the henhouse?

more like the inmates running the asylum.

BigRigMike · 04-29-2009, 12:11 PM

Quote:

Originally Posted by DGthe3

more like the inmates running the asylum.

Or it will give the employees more incentive to work with their employer during contract renegotiations.

diddiyo · 04-29-2009, 03:59 PM

http://www.bloomberg.com/apps/news?p....wQ&refer=home

bummer.

Supermans · 04-29-2009, 04:04 PM

Quote:

Originally Posted by DGthe3

more like the inmates running the asylum.

God help us...

dayvedayve · 04-29-2009, 04:08 PM

? which is it. I also read another article that Obama said the Chrysler was not going to meet their deadline. Which is it?

04-28-2009, 07:54 PM	#3
PQ Booooosted. Drives: 2010 Supercharged SS Join Date: Apr 2008 Location: Mobile, AL Posts: 36,717 View My Garage	So the workers have effectively taken over the business. Hmmmmmmmmmm seem fair? But It's a good sign of stability coming. Hurray for Chrysler. __________________

04-28-2009, 09:38 PM	#5
DGthe3 Moderator.ca Drives: 05 Grand Am GT Join Date: Jul 2007 Location: Niagara, Canada Posts: 25,366	Something just seems really strange about they UAW owning the automakers (at least in part) ... stranger than the government taking shares. __________________ Note, if I've gotten any facts wrong in the above, just ignore any points I made with them __________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!! __________________ Camaro Fest sub-forum

04-29-2009, 01:02 AM	#6
OUR72GTO 2010 SIM Beige RS 6M Drives: SIM RS 6M 66 Corvair Silverado LTZ Join Date: Oct 2008 Location: Kamloops,British Columbia Posts: 4,673	Like the fox in the henhouse? __________________ CAMARO.. 2010 The Heart Beat is back in CHEVROLET Now let's put it back in America

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04-28-2009, 01:37 PM	#2
BigRigMike Drives: 2010 Ford Fusion Join Date: Aug 2008 Location: York, PA Posts: 374 View My Garage	It looks like the UAW health care will own 55%, FIAT will own 20% with possibility to get to 35%, and then the Govt will own 10%. I assume the remainder will be current stockholders.

04-28-2009, 09:23 PM	#4
kevin2323 Drives: challenger Join Date: Jul 2008 Location: miami Posts: 2,338	YES BRING ME MY ALFA ROMEO BODY WITH A NEW 528 HEMI IN IT!!!!!! LOL

04-29-2009, 05:06 AM	#8
Emher Pillaging Viking Drives: Saab 9-5 '99 (Hey it's a GM!) Join Date: Oct 2007 Location: Sweden Posts: 1,189	Not sure how to feel about this. But good for the competition that Chrysler is staying.

04-29-2009, 03:59 PM	#11
diddiyo Drives: . Join Date: Jun 2008 Location: . Posts: 3,048	http://www.bloomberg.com/apps/news?p....wQ&refer=home bummer.

04-29-2009, 04:08 PM	#13
dayvedayve Drives: 2006 Chevy Avalanche Join Date: Aug 2008 Location: Gulf Coast of Texas Posts: 386	? which is it. I also read another article that Obama said the Chrysler was not going to meet their deadline. Which is it?