
Re: [Chrysler300] Oh, the humanity!!!!!
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Re: [Chrysler300] Oh, the humanity!!!!!
- From: john begian <r2gthawk@xxxxxxxxx>
- Date: Sun, 18 Feb 2007 05:11:52 -0800 (PST)
Pete,
Chrysler stock is at 7 year high, and, for those of us who work there, this is a great opportunity. Rumors fly, Automotive News has the GM thing in print, but JP Morgan is busy at work lining up someone. Best fit (IMHO) is Renault-Nissan, products and markets line-up very well. Or, there could be an investment company out there who will take over (where is Kirk Kirkorian when you need him). Best thing would be a sale, as the current situation isn't cutting it for Chrysler group. M-B gains economies of scale and still charges mega-bucks for their products and makes more profit. Chrysler cannot do that, so we keep cheapening, taking features out, falling behind our competition.
Having worked there for the last 20+ years and seeing us get out of debt, fall back in then finally come out with a product cycle that could sustain us, I think the company and its people deserve better. They still don't know you can't cost-cut your way to profits, you need something people want to buy, and our products continue to have less and less styling grab.
Just my $0.02, and I'm calling my broker on Monday...:)
moparpjf@xxxxxxx wrote:
Haven't they been talking about an impending GM bankruptcy? How can they
possibly buy Chrysler if they can't pay their own bills?
Pete Fitch
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[Non-text portions of this message have been removed]
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