Chrysler - did Cerberus blow it?

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Yes the LH cars were and still are great. I've never kept a car so long as my '95 Concord and was planning to sell it when it was 10 yrs old, but Chrysler had nothing. Fortunately my maintenance has been minor in nature and it still performs as new, including the great handling; still with the original shocks. My wife loves her '91 Sebring, but I'm just a bit squashed in the front seats and most of us know of it's 2.7L engine. >:) The 300M was lovely and I was considering buying a few years old one, but it has too little ground clearance for me and I'm not into leather seats. Now with the fast increasing gas prices my next vehicle objectives have changed significantly. Only smaller cars now have my interest.
Yesterday as I approached my Concord from the front in a parking lot something I saw gave me a chuckle. Right beside it was a new 300C in a nice light grey paint job. I had to chuckle because I never could stand the 300C styling and seeing one beside my Concord really illustrated how ugly I feel the 300 looks. Yes some like it, but no one I know. What a massive truck like grill and squashed window depth!
I could then see how the 300 body was designed. The Chrysler SUV designers did it up to the windows, then the car designers did it from there up. However the car designers couldn't use a normal window depth that would give good vision and balance the vertical look, because the roof would have been too high, approaching an SUV in height. <:) So we were blessed with the 300 line, which developed a love hate in car buyers. Unfortunately for Chrysler the love 300 bunch are a bit limited and their buying dropped off after a few years.
Unfortunately I had to leave quickly. I wanted to stay a while to see what (little?) body drove that monster 300.
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An article obviously ahead of it's time! <:)
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On Wed, 16 May 2007 19:20:07 +0200 (CEST), George Orwell

Another example of flimsly WSJ "reporting." Eaton was brought on board LONG before this time by Iacocca to impose a system of financial controls on what was basically an uncontrolled enterprise wasting money on decisions made by incompetent middle and upper management. It was Eaton's job to seek out "finance guys" to implement the new system, which is exactly what he did at Woodward Avenue for GM. He was/is NOT a "car guy;" he's a beancounter of the same ilk whose decisions at GM tanked the company. Iacocca lists naming Eaton as his successor as "the biggest mistake of my life." Iacocca DID have a car guy, Bob Lutz, now mired at a collapsing GM.

Didn't happen that way. Eaton took over and immediately cut off all but "skeleton" funding for the Belvidere Design Center, opining that Chrysler Group's product line was "good enough" to compete. Remember, Eaton was NOT a "car guy." At the same time, he slashed operating costs at the plants through attrition-driven downsizing, cut quality engineering staff and made other obvious gaffes, and then started looking for a buyer. THAT's where Schrempp fit into this...he was the proverbial sucker to Eaton's polished pitch. Eaton took the money and ran like hell, knowing that hoary K-car based products and a much-troubled LH platform were ticking time bombs.

That's because they're shitty vehicles. The 300 is exactly what the WSJ writer implies...a "gangta car," only now purchased by blacks in ghettos, who immediately deck them out with 22" baby buggy wheels and thumper car stereos, only to have them repossessed a few months later. The 300 is dead. One only has to look at the depreciation of these toadmobiles to know. Another zero..the "Charger", as well as the panned Caliber, which is not selling well at all due to bad design and quality gaffes.

The UAW will have to tell Snow to shove it. There will be no major "give-ups." Those days are over, and Labor is tired of fat cat private equities like Cerberus crying poor mouth when they sit on billions of cash in some very right wing pockets. When Iacocca negotiated cuts from UAW in the '80s, he did it from a position of poverty, and UAW's Doug Fraser knew it. Iacocca told the bargaining committee that he had "lots of jobs at $17, but I haven't got any at $20." Fraser knew Iacocca was honest and reliable, and decided to join in Chrysler's rehabilitation. This isn't the case now. Right wing fruitcakes like Snow will look at that '80s episode as a sign of weakness and will try to pin all of Chrysler Group's troubles on labor, just as GM and Ford have tried to do. Ain't gonna work this time.

Bernhardt (correct spelling; again, the WSJ couldn't report the temperature correctly) is a major mistake. He's responsible for the ghettomobile 300 and the now-failing Caliber and "Charger" as well as other screw-ups. Snow got him on board mainly because Snow doesn't know crap about the car biz, and Dr. Z probably sold Bernardt to him to get rid of him from D-B.

If the "Dodge Nitro" is any example, they will fail at this. My local (D)C dealer cannot sell "Nitros" even with $3000 spiffs.

ROFLMAO!!! Snow?? Quayle? These are Republipedo Party silver spooned dumbasses! Snow almost tanked CSX and Quayle...well, all anyone has to do in research there is listen to some of his "speehes" and read some of his Bush-like scribblings to know what's going on there...another born-rich, dyslexic moron la George Dubya Bush, with no credentials at all except those bestowed upon him by other Republipedoes and the WSJ.
The WSJ has no credibility writing about Chrysler at all. All you have to do is dig up all those anti-loan-guarantee articles they wrote back in '79, '80 and '81 to see that these Wall St. shills are just that...shills. A perfect takeover target for a right wing whack job like Rupert Murdoch, sure, but any business/financial sagacity? Fahgetddaboutit. Remember, it was the WSJ's editorial statements that said over and over that Chrysler under Iacocca would fail and the cadaver should have been divied up among all the banks holding Chrysler Corporation's debt. WSJ also was guilty of false reporting even then, repeatedly writing that the Federal loan guarantees were a "giveaway." Nothing could've been further from the truth. They pulled the same stunt during the Conrail reorganization, and cheered when Snow made a severely undervalued bid, championed by "Newt The Galoot" Gingrich in the House, to get CR's assets for pennies on the taxpayer's dollar.
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Nope, eventually a fine car. My '95 still runs as new.

Not quite, but they made too many. Doesn't sell here, many new 2006s for 30% off.

Styling for kids. Good functional design though.

UGH! Honda Fit competition?
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Charger is outselling 300 so far this year: http://www.theautochannel.com/news/2007/05/01/046193.html

25,000 sales so far this year isn't peanuts.

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If anyone cares to think about it, the troubles in this country grow from Wall Street -
when corporations which had been happily moving along for years making money and reinvesting it back into new products, research and so on - all of a sudden had to learn to concern themselves about stock prices, how to TRY to keep from being the victims of a hostile take over and having years of profits burned up to light some billionire's cigar, and most importantly how to keep the market happy and support all the Wall St. silk suited parasites that have sucked the blood out of and destroyed so many fine American companies, to line their own greedy pockets.
WHO CARES about how many Americans we put out of work, let's squeeze out another Gulfstream Bizjet, Custom yacht, Million dollar one bedroom apartment or $500k sports car for us....
If the people that originally started the NYSE could see it today, they would most probably be first ashamed at the way it has been corrupted over the years, and then probably burn it down...
I do hope I don;t appear too harsh =)
Bill
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Not too harsh at all. Wall Street Casino Inc.
The only way a company can survive today is to be "privately owned" and "closely held". To H311 with shareholders and public greed.

--
Posted via a free Usenet account from http://www.teranews.com


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wrote:

You appear stupid, since you obviously aren't aware what has been going on. While the Big 3 have shown token interest in reasonably sized cars the "import" manufacturers have been building what consumers want at very good quality.
Nothing to do with the NYSE or the UAW, just very poor management by the Big 3.
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wrote:

I don't think the OP is necessarily "stupid"...he's right about greed in US business, but you're right about Big 3 management...THEY'RE the culprits, and have all the money in the world to deflect blame onto the floor workers through Rockefeller-like "PR" campaigns and sniveling to their press puppet, the WSJ...one of the least credible news organs on the planet.
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