Page 3 of 6 FirstFirst 12345 ... LastLast
Results 21 to 30 of 53

Thread: Chrysler to file for bankruptcy

  1. #21
    Sage
    Khayembii Communique's Avatar
    Join Date
    Nov 2006
    Location
    Milwaukee, WI
    Last Seen
    Yesterday @ 12:31 PM
    Gender
    Lean
    Undisclosed
    Posts
    7,879

    Re: Chrysler to file for bankruptcy


    Here's the article for those interested. Color me shocked and surprised.
    How are you shocked or surprised about this? This has been pretty much a sure thing ever since the government loaned them all that money with the restructuring obligations.

    It should be noted that this is I believe Chapter 11 Bankruptcy Protection and not Chapter 7. I discussed this here a week ago.

    "It should be noted here that while Chrysler is pretty much for sure going to file Chapter 11, some are starting to predict that it will still ultimately end up filing Chapter 7, which would put a lot of people out of their jobs and be a large contributor to the second wave of the crisis that is about to commence in a few months."

  2. #22
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by winston53660 View Post
    There was a retired engineer from Chrysler who basically said the same thing on NPR this morning. He said the PT Cruiser was over weight and had a crappy engine with low mileage.
    The PT cruiser is a complete piece of crap.

    Low millage over heating problems in a lot of them, cramped engine space, etc.

    A common thread I've seen in American named (most American manufactures aren't making in America anymore) is a very tight engine space that you can barely work in.

    My 4 banger Japanese car has plenty of space to work on the engine in.
    Last edited by Harry Guerrilla; 04-30-09 at 02:47 PM.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  3. #23
    Sage
    Gibberish's Avatar
    Join Date
    Oct 2005
    Location
    San Diego, CA
    Last Seen
    12-23-12 @ 09:29 PM
    Gender
    Lean
    Moderate
    Posts
    6,339

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by Harry Guerrilla View Post
    A common thread I've seen in American named (most American manufactures aren't making in America anymore) is a very tight engine space that you can barely work in.

    My 4 banger Japanese car has plenty of space to work on the engine in.
    I highly doubt that has any barring on the sales performance of a car. If you purchased an Audi, BMW, Lexus, or Aston Martin you wouldn't have any workable space under the hood either.

    Pretty much any new car you can't do much to anyway unless you have the computer hookups to perform the chip upgrades and service updates.
    "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
    - Warren Buffett

  4. #24
    Sage
    Gibberish's Avatar
    Join Date
    Oct 2005
    Location
    San Diego, CA
    Last Seen
    12-23-12 @ 09:29 PM
    Gender
    Lean
    Moderate
    Posts
    6,339

    Re: Chrysler to file for bankruptcy

    Finally. Let them all fail. I don't want my tax dollars being spent to help companies will failing policies. I'd rather the US have no domestic based auto companies then government backed failing companies.
    "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
    - Warren Buffett

  5. #25
    Sage
    Khayembii Communique's Avatar
    Join Date
    Nov 2006
    Location
    Milwaukee, WI
    Last Seen
    Yesterday @ 12:31 PM
    Gender
    Lean
    Undisclosed
    Posts
    7,879

    Re: Chrysler to file for bankruptcy

    Finally. Let them all fail. I don't want my tax dollars being spent to help companies will failing policies. I'd rather the US have no domestic based auto companies then government backed failing companies.
    It isn't failing.

  6. #26
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by Gibberish View Post
    I highly doubt that has any barring on the sales performance of a car. If you purchased an Audi, BMW, Lexus, or Aston Martin you wouldn't have any workable space under the hood either.

    Pretty much any new car you can't do much to anyway unless you have the computer hookups to perform the chip upgrades and service updates.
    Crack open any Mitsubishi hood and compare it to an American car, you will see the difference.

    My dad has a Durango and I checked out a Mitsu Outlander.

    Similar powered engines big difference in work space.
    I'm thinking that they have purposely designed their crap wagons so that you have to take it to a shop to get it worked on vs a shade treeing it.
    Hoping you go to the dealer.

    I'm not a big time car guy or mechanic but I can do a lot more than just basic crap to a car without touching the cpu.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  7. #27
    ANTI**ANTIFA
    ReverendHellh0und's Avatar
    Join Date
    Sep 2007
    Location
    Temple of Solomon
    Last Seen
    12-08-17 @ 05:08 PM
    Gender
    Lean
    Libertarian
    Posts
    75,260

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by Gibberish View Post
    Finally. Let them all fail. I don't want my tax dollars being spent to help companies will failing policies. I'd rather the US have no domestic based auto companies then government backed failing companies.



    We all have been saying that before Obama threw all that money at them.
    Let evil swiftly befall those who have wrongly condemned us

  8. #28
    Sage

    Join Date
    Dec 2005
    Location
    Goldsboro,PA
    Last Seen
    Yesterday @ 03:13 PM
    Gender
    Lean
    Progressive
    Posts
    5,595
    Blog Entries
    1

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by GottaHurt View Post
    The bond holders were the secondary story. Fiat has been holding out because the UAW wasn't making enough concessions.

    The chief executive of Fiat, Sergio Marchionne, put pressure on trade unions at Chrysler on April 15, saying that the venture plan had only one chance in two of succeeding because progress had not been made in negotiations to cut pay.

    IndustryWeek : Fiat Ready with 'Plan B' if Chrysler Deal Fails

    I've said it time & time again, you cannot pay someone $75.00 an hour to screw 4 lug nuts on a wheel, and compete against foreign labor that is being paid $75.00 a week to do the same job.

    This is the second time in less than 30 years we're bailing Chrysler out.
    With our freedom of speech, men will say some pretty outrageous things....but no one , but fools, are going to believe them..
    I ,for one, wish to see a healthy American auto industry; not a Japanese industry...
    We must learn from them..

  9. #29
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by earthworm View Post
    With our freedom of speech, men will say some pretty outrageous things....but no one , but fools, are going to believe them..
    I ,for one, wish to see a healthy American auto industry; not a Japanese industry...
    We must learn from them..
    Hate to tell you this but while all those "American" car companies are closing their plants in the U.S. foreign car companies are opening more and more in the U.S.

    Particularly in the south. Kia, Volkswagon, Honda, Toyota, Suzuki etc.

    They are the ones bringing sustainable jobs to us not GM, Ford, et all that are shipping jobs out of the U.S.

    My loyalty goes to the ones who make the best product and the best price.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  10. #30
    Banned
    Join Date
    Nov 2007
    Location
    Ventura California
    Last Seen
    11-15-11 @ 11:17 PM
    Gender
    Lean
    Conservative
    Posts
    8,706

    Re: Chrysler to file for bankruptcy

    Quote Originally Posted by chevydriver1123 View Post
    Just got it via a CNN alert text message, when I get an article Ill post it. This should've happened long before but of course Obama wanted to see if he could be the savior of Chrysler. Guess I wont be getting that Jeep Liberty.
    Do the taxpayers get their money back now that Obama's self proclaimed effort to save the auto industry has failed?

Page 3 of 6 FirstFirst 12345 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •