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Chrysler Faces Financial Pinch, Sees Asset Sales (Operationally Bankrupt)
WSJ ^ | 12.21.07 | JOSÉE VALCOURT and NEAL E. BOUDETTE

Posted on 12/20/2007 10:39:10 PM PST by BurbankKarl

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To: Erik Latranyi

dead union, good union

Poor mouthing gains concessions


21 posted on 12/21/2007 5:20:33 AM PST by bert (K.E. N.P. +12 . Moveon is not us...... Moveon is the enemy)
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To: taildragger

It is a 19:00 minute clip, but the flavor of it is we will not recover as a state until 2012.

There are days I thin that is optimistic.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

It is very optimistic, the world is scheduled to end in 2012!


22 posted on 12/21/2007 10:09:34 AM PST by RipSawyer (Does anyone still believe this is a free country?)
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To: Moonman62

Me, too.


23 posted on 12/21/2007 12:31:14 PM PST by B-Chan (Catholic. Monarchist. Texan. Any questions?)
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To: BurbankKarl

If a farmer sells his land he usually has to get rid of his cattle.


24 posted on 12/21/2007 1:01:38 PM PST by Old Professer (The critic writes with rapier pen, dips it twice, and writes again.)
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To: rbg81

I believe the Nitro was killed by Chrysler.


25 posted on 12/21/2007 2:57:51 PM PST by Las Vegas Dave ("We're going to take things away from you on behalf of the common good." Hillary Clinton, June 2004.)
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To: Las Vegas Dave

Actually Nitro is a Dodge product. Othewise, I’m not sure what you mean (as its already out).


26 posted on 12/21/2007 3:00:42 PM PST by rbg81 (DRAIN THE SWAMP!!)
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To: rbg81
I believe the Dodge NITRO was rumored to be one of the vehicles that Chrysler was planning to stop production on due to very slow sales. I haven't seen any recent updates, on that vehicle, (see below).

< snip > Chrysler plans to stop production of the PT Cruiser, according to the Wall Street Journal.

The paper reported Friday that the automaker will drop the line after the 2009 model year. The move comes as Chrysler executives consider killing slower-selling models to help the company return to profitability.

Chrysler had said earlier this month that it would eliminate the PT Cruiser convertible. The company is also halting production of the Dodge Magnum, Chrysler Pacifica and Chrysler Crossfire.

By the end of the 2009 model year, the PT Cruiser will have enjoyed an extraordinary run. Introduced in 2000, the PT Cruiser was initially a hot property. Dealers were charging customers steep premiums over the car's low sticker price.

Since then, the PT Cruiser has had only a mild redesign, the 2006 model. This means that Chrysler will have been selling virtually the same car, with only minor alterations, for twice as long as most car models go before being completely redesigned and reengineered.

Although the PT Cruiser is still the fifth-most popular compact crossover in America, just behind the Chevrolet HHR, overall sales are down 27 percent this year, according to the Power Information Network.

Cruiser sales are on track to top 100,000 this year, a sales pace sufficient to justify its continued production, at least for now, Chrysler spokesman Rick Deneau said. < /snip >

27 posted on 12/21/2007 3:17:39 PM PST by Las Vegas Dave ("We're going to take things away from you on behalf of the common good." Hillary Clinton, June 2004.)
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