Author Topic: Progress for Chrysler  (Read 1199 times)

Offline 72hemi

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Progress for Chrysler
« on: April 28, 2009 - 12:54:05 PM »
Looks like Chrysler struck a deal with the banks holding its debt.

http://money.cnn.com/2009/04/28/news/companies/chrysler_lenders/index.htm?postversion=2009042812
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Offline 426HEMI

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Re: Progress for Chrysler
« Reply #1 on: April 28, 2009 - 01:00:33 PM »
That looks good to this point anyways.  I hope they do stay in business and get better at what they need to do.
Got a pretty good start on my M46 optioned Barracuda restoration but now it is on hold till I can gather more funds.  Still need a few parts for it.  SIU Graduate 75 AAS Automotive Tech, 94 BS Advanced Tech Studies, 1997 MSED Workforce Education and Development

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Gordon

Offline moparmaniac59

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Re: Progress for Chrysler
« Reply #2 on: April 28, 2009 - 07:57:55 PM »
They need to re-hire Lee Iacocca!!!



                                                 Matt B.
Matt

Offline Bullitt-

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Re: Progress for Chrysler
« Reply #3 on: April 28, 2009 - 11:05:01 PM »
Wade  73 Rallye 340..'77 Millennium Falcon...13 R/T Classic   Huntsville, AL
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Offline 426HEMI

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Re: Progress for Chrysler
« Reply #4 on: April 28, 2009 - 11:21:35 PM »
I hope that it all can be worked out and chrysler comes back stronger than ever and puts everyone else to shame.
Got a pretty good start on my M46 optioned Barracuda restoration but now it is on hold till I can gather more funds.  Still need a few parts for it.  SIU Graduate 75 AAS Automotive Tech, 94 BS Advanced Tech Studies, 1997 MSED Workforce Education and Development

1970 M46 Barracuda
1998 Dodge Darango

Gordon

Offline mcgheejt

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Re: Progress for Chrysler
« Reply #5 on: April 29, 2009 - 12:06:33 AM »
UAW is taking over.....  Kiss it Goodbye

http://uk.reuters.com/article/innovationNews/idUKTRE53R5L820090428


If this keeps up, we will have a government that is far closer to being a reflection of communist China than I could ever have imagined in my lifetime.   :'(

Offline Mike70

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Re: Progress for Chrysler
« Reply #6 on: April 29, 2009 - 10:03:17 AM »
 :iagree: Now the feds have a good chance of owning a majority of GM! The government has no business owning private industry. :villagers:
Mike
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Offline heminut

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Re: Progress for Chrysler
« Reply #7 on: April 29, 2009 - 02:29:34 PM »
:iagree: Now the feds have a good chance of owning a majority of GM! The government has no business owning private industry. :villagers:

Oh, but it's not the Feds! I saw an article this morning that said 'THE TAXPAYERS' will own a majority stock in GM! :faint:
1970 5.7 Hemi Cuda

Offline Mike70

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Re: Progress for Chrysler
« Reply #8 on: April 29, 2009 - 03:47:43 PM »
I guess that's true. Lucky us, huh? :roflsmiley:
Mike
70 Challenger RT/SE
(If I ever get it done - wait, I guess I have to start first).

Offline 72hemi

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Re: Progress for Chrysler
« Reply #9 on: April 29, 2009 - 03:58:16 PM »
:iagree: Now the feds have a good chance of owning a majority of GM! The government has no business owning private industry. :villagers:

The government has its hands in private industry in a socialist society.
1972 Dodge Challenger 340 6 Pack 4-speed
1996 Dodge Viper GTS Coupe

Offline Rare_T_A

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Re: Progress for Chrysler
« Reply #10 on: April 29, 2009 - 04:25:44 PM »
O Boy I just cannot wait till these show up at a dealer near me!!!
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Offline bb71challenger

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Re: Progress for Chrysler
« Reply #11 on: April 29, 2009 - 05:35:16 PM »
Actually I think it might be a positive step that the UAW is making concessions. I think if my co-workers and I owned 55% of a company we would be inclined to make sure it was not run into the ground but a profitable, successful business. It might be a good thing in the end.
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*Brett*

Offline heminut

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Re: Progress for Chrysler
« Reply #12 on: April 29, 2009 - 06:39:37 PM »
I don't have a problem with the UAW and like you said, it may be good incentive to get the company on track. I have a bad feeling about the federal government holding controlling stock in a business like that though, even if they sugar coat it as 'taxpayer owned'.  :nono:
1970 5.7 Hemi Cuda

Offline DMZ73

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Re: Progress for Chrysler
« Reply #13 on: April 29, 2009 - 07:46:52 PM »
Hmmmmmm.
Wish I could comment on the state of the bussiness, but since I work for chrysler, it's a little complicated.
I can tell you that we all "own" the situation. It's quite difficult to say be least.
I see every perspective, and every perspective that most people do not see.
Owner, employee, enthusiast, frustrated taxpayer, Michigan resident, blue collar
/white collar worker, philosopher, economist,  automotive historian...
Needless to say, the ramifications of "ownership" have consequences.good, bad or indifferent, for the sake of the American economy, must pull through this.
From my perspective, regardless of owners or partners, we will survive, and be a better company.
Just my .02 cents as an active, hard working "can do" employee.

I hope you all see the merit of our persistance.

Dan Zimmermann


One E body saved, 7 years and counting.

Offline 426HEMI

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Re: Progress for Chrysler
« Reply #14 on: April 29, 2009 - 08:02:24 PM »
I hope it works for everyone and be real good for them and the company go forward and grow and build a very good bunch of cars for us.
Got a pretty good start on my M46 optioned Barracuda restoration but now it is on hold till I can gather more funds.  Still need a few parts for it.  SIU Graduate 75 AAS Automotive Tech, 94 BS Advanced Tech Studies, 1997 MSED Workforce Education and Development

1970 M46 Barracuda
1998 Dodge Darango

Gordon