Foreign automakers to outbuild Detroit in North America: study

theres nothing stopping fiat from running chrysler into the ground. question is, is there a way for the workers to prevent corporate sabotage ?

theres nothing stopping fiat from running chrysler into the ground. question is, is there a way for the workers to prevent corporate sabotage ?

******** I think I missed your point. To me, it would make no sense for Fiat to run Chrysler into the ground. It seems to me it would be to their best interest to try to make this situation work, to make the best of it. If they cant, then I doubt anyone else will try to take up the Chrysler operation.

theres nothing stopping fiat from running chrysler into the ground. question is, is there a way for the workers to prevent corporate sabotage ?

---------- Probably too late now. 5 or 6 years ago, yep. Unions were asleep at the wheel letting the pensions get so underfunded, when they could have asked the government and shareholders to kick management and the board out on their asses before they became bankrupt.

For example, if unions had any balls they would have all pension moneys assigned to the employees LIRA/RRSP (Canada) or a 401K/IRA (US) in the year they were earned. Forget the corrupted concept of a company pension slush fund and BS promises later on. And quarterly reports mailed directly to the workers on the exact value including gains and losses.

Unfortunately GM & Chrysler is at a point where the little brat kids are whining after they got burnt and didn't listen to those warning of the heat.

And for governments, you don't think $75B to GM is going to wages and workers? I would bet if a detailed and accurate accounting of government money going to GM was ever made public, you would see the corruption right off.

People being laid off today had better ask, who is going to bailout you?

And will people wake up and think before they vote next time?

The biggest risk to Chrylser is bad managment and union workers. Fiat will keep Chrylser a legal seperate entity so if they screw up, Fiat can just close the doors and wall away limiting the loses.

I agree, Fiat will try to right Chrylser if management and unions are willing.

Fiat has union plants in Europe and the US Unions will need to bargain with the New Chrysler.

Yep, and the New Chrysler does not care. Make money or else we close. Trouble is they should have done that 10 or 15 years ago. Too much rot has been retained. When it lists, I am going to look at long term shorts on it.

Get real! If BO, the Dims and the environuts get the "cap and trade" crap through the Senate there will be far LESS, not more production in the US in few years.

Why would foreign manufactures, or even domestic manufactures, build vehicles or anything else in the US only to pay the government millions in carbon credit "FEES," when they can build off shore for less and with far fewer regulations?

The only reason the Japs build here now is the corporate tax advantage they have in Japan and the only reason the Europeans build here is the high socialism costs back home.

GM, Ford, Toyota, Hyundai, etall can build vehicles such cheaper in China and a half dozen other Asian or South American countries and that is exactly what the will do once energy costs skyrocket under the "Cap and Trade," nonsense.

Given governments propensity to get it all wrong, I am sure it means more unemployment and taxation. Best they just get their unproductive asses out of business other than to enforce common law.

Yep. Socialists love carbon taxes, and moving the green from our pockets to thiers. The whole think is a giant farce.

But the leftists-stupid have far too much vocality in our society as is just one knee jerk after another.

Soon to dicipate. Obama is raising taxes.

Yep. The north American environment has become taxed into extinction, ridden with corruption and stagnation. Even those who want to work hard get hammered by the resident BSer and politicial jack ass that has no value.

When was the last time a person got a bigger raise because of their integrity, attendance, hard work and good ethics?

Hell, bonuses go to those that screw up, add no value, low moral and ethical constraignts because they have no concious. You know, Wagoner types.

CEO and execs of NorTel too walked away with fat bonuses while workers didn't even get severance and their pensions are screwed.

Corruption of spirit. North America has a disease we need to cure or this down economy isn't going to end.

If you know that why tell us what we know as well?

Call and write your Senators and Congressmen and tell THEM, not waste time in this NG, WBMA

You are crying over spilled mike again. Try adding IMO in the subject line, WBMA