Chrysler says it wont repay gov't loans of taxpayer money

Zeus · 12-22-2009, 11:50 PM

http://autos.aol.com/article/chrysle...lout-repayment

Thanks Scumbags.

brandotron · 12-22-2009, 11:53 PM

1320junkie · 12-22-2009, 11:56 PM

lol..wow

ViperTomcat · 12-23-2009, 12:09 AM

As a note..thats the "bad" remnants of Chrysler, offically OldCar Co. Chrysler Group, the Chrysler that is controlled in part by Fiat, is still planning on repaying its debt.

Zeus · 12-23-2009, 12:13 AM

Quote:

Originally Posted by ViperTomcat

As a note..thats the "bad" remnants of Chrysler, offically OldCar Co. Chrysler Group, the Chrysler that is controlled in part by Fiat, is still planning on repaying its debt.

Do you have anything to back up that they plan on paying back money to the government?

Captain Vlad · 12-23-2009, 12:15 AM

I think the government should allow taxpayers to go pick up a free Challenger in lieu of payment.

cyberbro · 12-23-2009, 12:17 AM

What a shock a car company that builds 30 or 40 different models, maybe 2 of them people actually want and they can't pay back a loan that we knew they could not pay back.

1320junkie · 12-23-2009, 12:17 AM

Quote:

Originally Posted by Captain Vlad

I think the government should allow taxpayers to go pick up a free Challenger in lieu of payment.

Zeus · 12-23-2009, 12:22 AM

Quote:

Originally Posted by Captain Vlad

I think the government should allow taxpayers to go pick up a free Challenger in lieu of payment.

+1

I'd take an SRT Chally as a consolation... Sounds good to me.

FenwickHockey65 · 12-23-2009, 01:04 AM

GM has the Malibu, CTS, Lambdas, Equinox, Camaro, Terrain, SRX, LaCrosse, GMT-900s, plus countless other class-leading vehicles on the way...

Ford has the Taurus, Fusion, Focus, F-series, MKS, Mustang, among others...

Chrysler has the Ram, Charger, Challenger, and minivans. Everything else...total jokes.

Good luck Chrysler.

ViperTomcat · 12-23-2009, 01:10 AM

Quote:

Originally Posted by Zeus

Do you have anything to back up that they plan on paying back money to the government?

AFAIK its in the original Chtr 11 filing that Chrysler submitted in April.

ViperTomcat · 12-23-2009, 01:20 AM

One thing that Chrysler has going for it, and its a big one, is the police contract with the Chargers. The Challenger is also seeing police sales.

Chrysler has: Charger, Challenger, Journey, 300, Viper(which is probably going to return in 2012-13), Ram, Dakota, Caravan, Avenger, Nitro, Jeep Wrangler, Grand Cherokee, Patriot, etc. Plus the Chrysler 200 is going to be going into production in the next few MY's.

I wouldnt call the Jeep brand total jokes, or the Chrysler 300's which were massive hits when they arrived.

Zeus · 12-23-2009, 01:25 AM

Quote:

Originally Posted by ViperTomcat

AFAIK its in the original Chtr 11 filing that Chrysler submitted in April.

Good point. And if there is anything we can take away from this, its that we can always count on Chrysler to back up their prior commitments.

ViperTomcat · 12-23-2009, 01:28 AM

Quote:

Originally Posted by Zeus

Good point. And if there is anything we can take away from this, its that we can always count on Chrysler to back up their prior commitments.

That was one of the mandates the Obama administration put down, that Chrysler HAD to payback its secured debt. Which is exactly what Chrysler is doing. It also is required to pay back the 500 Million they assumed from OldCar Co., which is part of the bailouts.

By mandate the US govt. told them to do more with less, which is why you're seeing less "original" Chrysler designs and more reliance on incoming Alfa Romeo and Fiat cars. They also slashed Chrysler Group's advertising ability.

12-22-2009, 11:50 PM	#1
Zeus BOOOOOM MF'R!! Drives: to Chipotle daily Join Date: May 2009 Location: Flo-Rida Posts: 3,614	Chrysler says it wont repay gov't loans of taxpayer money http://autos.aol.com/article/chrysle...lout-repayment Thanks Scumbags.

12-22-2009, 11:53 PM	#2
brandotron I am the internets. Drives: dangerously Join Date: May 2009 Location: Redondo Beach, CA Posts: 12,571 View My Garage	__________________

12-23-2009, 12:15 AM	#6
Captain Vlad Drives: 2010 Camaro Black 2SS/RS Join Date: Sep 2009 Location: Oklahoma Posts: 452 View My Garage	I think the government should allow taxpayers to go pick up a free Challenger in lieu of payment. __________________ "Christ, it's Aldo Nova again!"

12-23-2009, 12:17 AM	#7
cyberbro Drives: Not a Camaro at this time Join Date: Mar 2009 Location: Long Island, New York Posts: 1,056	What a shock a car company that builds 30 or 40 different models, maybe 2 of them people actually want and they can't pay back a loan that we knew they could not pay back. __________________ Order Status: 2000 8/27/15 3000 9/3/15 2000 9/22/15 (Order changed) 2016 2SS With Auto, NPP, MRC, Nav, Split 5 Spoke Bright Aluminum.

12-23-2009, 01:04 AM	#10
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	GM has the Malibu, CTS, Lambdas, Equinox, Camaro, Terrain, SRX, LaCrosse, GMT-900s, plus countless other class-leading vehicles on the way... Ford has the Taurus, Fusion, Focus, F-series, MKS, Mustang, among others... Chrysler has the Ram, Charger, Challenger, and minivans. Everything else...total jokes. Good luck Chrysler. __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)

12-22-2009, 11:56 PM	#3
1320junkie Drives: The Imperial Army Join Date: Feb 2009 Location: The Darkside Posts: 15,742	lol..wow

12-23-2009, 12:09 AM	#4
ViperTomcat Banned Drives: 2011 Avenger Heat Join Date: Nov 2009 Location: Oregon Posts: 1,697	As a note..thats the "bad" remnants of Chrysler, offically OldCar Co. Chrysler Group, the Chrysler that is controlled in part by Fiat, is still planning on repaying its debt.

12-23-2009, 01:20 AM	#12
ViperTomcat Banned Drives: 2011 Avenger Heat Join Date: Nov 2009 Location: Oregon Posts: 1,697	One thing that Chrysler has going for it, and its a big one, is the police contract with the Chargers. The Challenger is also seeing police sales. Chrysler has: Charger, Challenger, Journey, 300, Viper(which is probably going to return in 2012-13), Ram, Dakota, Caravan, Avenger, Nitro, Jeep Wrangler, Grand Cherokee, Patriot, etc. Plus the Chrysler 200 is going to be going into production in the next few MY's. I wouldnt call the Jeep brand total jokes, or the Chrysler 300's which were massive hits when they arrived.

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