Chrysler is officially bankrupt

boblaw · 04-30-2009, 09:32 AM

http://www.motorauthority.com/fiat-a...-alliance.html

JIM E92 · 04-30-2009, 10:08 AM

My prediction is that the UAW will become very powerful from this and Uncle Sam will recoup and profit on their investment.

BlackSapphireZ · 04-30-2009, 10:29 AM

So, I wanna buy a Dodge Ram 2500 Diesel... time is now? or wait?

Blake · 04-30-2009, 01:18 PM

Quote:

Originally Posted by BlackSapphireZ

So, I wanna buy a Dodge Ram 2500 Diesel... time is now? or wait?

wait until any of their dealerships haven't sold a single car or truck in months

3002 tii · 04-30-2009, 01:40 PM

eh, we all saw it coming. i actually worked on an advisory deal when mb/chrysler were one and they were then considering getting rid of chrysler at the time. fun times, lol

JB135i · 04-30-2009, 02:05 PM

First bailout = success then fail
Mitsubishi = fail
MB = fail
On it's own = fail
USA/UAW = epic fail

Blake · 04-30-2009, 02:10 PM

Quote:

Originally Posted by JB135i

First bailout = success then fail
Mitsubishi = fail
MB = fail
On it's own = fail
USA/UAW = epic fail

that's an interesting illustration...makes me want them gone even more!

lyndon_h · 04-30-2009, 02:35 PM

Looks like Lee Iacocca needs to come back (at age 85)!

Year's_End · 04-30-2009, 03:12 PM

they're like in my bottom 3 so i don't care.

lib · 04-30-2009, 10:35 PM

I'm surprised more people aren't pissed about this whole thing.

They gave Chrysler several billion dollars out our pockets under the premise that we can't afford to let them go bankrupt. Now they're going bankrupt anyway and they're taking another 8 billion out of our pockets.

BlackSapphireZ · 04-30-2009, 10:42 PM

so all tax payers should be entitled to a free Chrysler Car as a pay back?

some may give it straight to the recyclers lol

addy85 · 04-30-2009, 11:20 PM

Quote:

Originally Posted by lib

I'm surprised more people aren't pissed about this whole thing.

They gave Chrysler several billion dollars out our pockets under the premise that we can't afford to let them go bankrupt. Now they're going bankrupt anyway and they're taking another 8 billion out of our pockets.

regardless of where that money went, it would still have come out of our pockets unfortunately

blue2fire · 05-01-2009, 12:26 AM

I want the Brera or the MiTo NOW!!!!

lib · 05-01-2009, 02:16 AM

Quote:

Originally Posted by addy85

regardless of where that money went, it would still have come out of our pockets unfortunately

If we were going to give them 8 billion after going into bankruptcy, maybe we should have let them just go bankrupt from the start instead of throwing away billions more. Oh wait, we couldn't afford to let them go bankrupt. We needed the government to save them. Well, they went bankrupt anyway and took a lot of our money with them.

What if things don't turn around for them in a few months? They're still a huge company and changes take time. Doubly so when you consider the time required for them to develop and produce new products. Now that we have a stake in their success do we start throwing billions more at them if they can't turn things around in time?

Los Angeles · 05-01-2009, 02:39 AM

Quote:

Originally Posted by Blake

wait until any of their dealerships haven't sold a single car or truck in months

what he said ^^.

335ifanatic · 05-01-2009, 03:38 AM

Thank god I leased my SRT-8.

blue2fire · 05-01-2009, 04:05 AM

Quote:

Originally Posted by 335ifanatic

Thank god I leased my SRT-8.

I can only think (in horror) of your monthly payments to cover the horrible residuals.

04-30-2009, 09:32 AM	#1
boblaw Private 250 Rep 83 Posts Drives: 1983 BMW 3-series Join Date: Jan 2009 Location: Calgary iTrader: (0)	Chrysler is officially bankrupt http://www.motorauthority.com/fiat-a...-alliance.html
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04-30-2009, 10:08 AM	#2
JIM E92 Lieutenant 18 Rep 410 Posts Drives: 2007 328 Coupe Join Date: Sep 2008 Location: Sandy Eggo iTrader: (0)	My prediction is that the UAW will become very powerful from this and Uncle Sam will recoup and profit on their investment.
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04-30-2009, 10:29 AM	#3
BlackSapphireZ Major 121 Rep 1,191 Posts Drives: 22 GLE 53 Coupe Join Date: Aug 2007 Location: Ladson, SC iTrader: (0)	So, I wanna buy a Dodge Ram 2500 Diesel... time is now? or wait? __________________ 2022 GLE 53 Coupe
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04-30-2009, 01:40 PM	#5
3002 tii Lieutenant General 2943 Rep 12,992 Posts Drives: Z4 M, X5, GX460 Join Date: Apr 2008 Location: CT iTrader: (109) Garage List E86 Z4 M GTS [9.91] F15 X5 35i [9.17] F10 550i (Retired) [9.17] F25 X3 35i (Retired) [9.43] E85 Z4 M (Retired) [9.44] E82 135is (Retired) [9.53] E90 328xi (Retired) [9.25] E86 Z4 3.0si (Retired) [8.95]	eh, we all saw it coming. i actually worked on an advisory deal when mb/chrysler were one and they were then considering getting rid of chrysler at the time. fun times, lol __________________ Follow for latest mods
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04-30-2009, 02:05 PM	#6
JB135i Lieutenant 19 Rep 478 Posts Drives: 135i Join Date: Apr 2008 Location: SW burbs iTrader: (0)	First bailout = success then fail Mitsubishi = fail MB = fail On it's own = fail USA/UAW = epic fail
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04-30-2009, 02:35 PM	#8
lyndon_h Lieutenant Colonel 44 Rep 1,917 Posts Drives: e90 Join Date: Jan 2007 Location: Madagascar iTrader: (2)	Looks like Lee Iacocca needs to come back (at age 85)!
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04-30-2009, 03:12 PM	#9
Year's_End Lieutenant General 1359 Rep 12,447 Posts Drives: 2020 Shelby GT350 Join Date: Feb 2007 Location: FL iTrader: (0)	they're like in my bottom 3 so i don't care. __________________ Past: '08 E92 335i\|ZPP\|ZSP\|6AT Past: '15 Mustang GT\|401A\|PP\|6MT Current: '20 Shelby GT350\|6MT
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04-30-2009, 10:35 PM	#10
lib Major 168 Rep 1,401 Posts Drives: <This space for rent> Join Date: Apr 2008 Location: ATX iTrader: (0)	I'm surprised more people aren't pissed about this whole thing. They gave Chrysler several billion dollars out our pockets under the premise that we can't afford to let them go bankrupt. Now they're going bankrupt anyway and they're taking another 8 billion out of our pockets.
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04-30-2009, 10:42 PM	#11
BlackSapphireZ Major 121 Rep 1,191 Posts Drives: 22 GLE 53 Coupe Join Date: Aug 2007 Location: Ladson, SC iTrader: (0)	so all tax payers should be entitled to a free Chrysler Car as a pay back? some may give it straight to the recyclers lol __________________ 2022 GLE 53 Coupe
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05-01-2009, 03:38 AM	#16
335ifanatic Major 65 Rep 1,095 Posts Drives: Revuelto,Urus Perf, X2,G45 X3 Join Date: Jun 2006 Location: Canada iTrader: (1)	Thank god I leased my SRT-8.
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