If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
nardelli-chrysler-may-extend-production-shutdow/
nardelli-chrysler-may-extend-production-shutdow/
http://www.thetruthaboutcars.com/ Plenty of industry watchers predicted that Chrysler wouldn’t restart production after the company extended its Christmas shutdown by two weeks, to January 19. As that date approaches, ChryCo’s CEO has let it be known that the ailing American automaker may not make autos again until… later. Bob Nardelli told reporters at the North American International Auto Show today that the company has a responsibility “to make sure we’re not jamming dealers” to buy cars. As Chrysler’s sales are in free fall, down 53 percent for December and over 30 percent for the year, it’s hard to take Nardelli’s comment as anything other than a tacit admission that Chrysler is out of business. If Chrysler doesn’t even try to make and sell vehicles again, even if it’s just to park them on an airfield somewhere, GM’s pursuit of additional bailout bucks just got a lot harder. The public outcry over a $4b loan that defaulted in less than a month, and the accusations that Chyrsler owner Cerberus played Uncle Sugar for a fool, will be deafening. Won’t they? -- Civis Romanus Sum |
Ads |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Chrysler may extend production halt, Nardelli says | rob | Auto Photos | 0 | January 12th 09 03:31 AM |
Cerberus names Bob Nardelli as Chrysler CEO | rob | Auto Photos | 4 | August 6th 07 01:32 PM |
To extend or not to extend....that is the question | Chris Burns | Chrysler | 5 | September 24th 05 10:30 AM |