Chrysler to file Bankruptcy
#11
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http://www.allpar.com/news/index.php...rumor-floated/
this site is not buying it
sounds like a plug to sell papers, rewording something as news that is old news
this site is not buying it
sounds like a plug to sell papers, rewording something as news that is old news
#12
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So you feel that the trucks made before consessions will be better quality? Why would a worker that doesn't even know if he will have a job next month put together a better truck than someone that has taken a pay cut, but at least knows he has a job?
#13
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Back on topic... Need bankruptcy info.... If a company does go into bankruptcy I understand the protection they get from their creditors, however.... If the UAW is unwilling to deal does bankruptcy allow the company to tell the workers under contract to get out and hire new labor?
#14
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It seems that Chrysler is doing it's best to honor the prior commitments like pensions
and health insurance for retirees, but I think that bankruptcy would allow them to do whatever they want going forward, but restructuring going forward is doomed to fail as long as the UAW is involved unless they make major consessions. The whole thing; the union contracts, thier pension structure, etc. has made for one **** poor business model.
If they were wise, they would model it after toyota.
Unfortunately, you are dead on with the 40% thing. I was in a union back in the 80's that had to make consessions in order to get work, and this was the attitude with most.
What we need is a panel of shrinks to figure out where this sense of entitlement started in this country, and how to get rid of it.
and health insurance for retirees, but I think that bankruptcy would allow them to do whatever they want going forward, but restructuring going forward is doomed to fail as long as the UAW is involved unless they make major consessions. The whole thing; the union contracts, thier pension structure, etc. has made for one **** poor business model.
If they were wise, they would model it after toyota.
Unfortunately, you are dead on with the 40% thing. I was in a union back in the 80's that had to make consessions in order to get work, and this was the attitude with most.
What we need is a panel of shrinks to figure out where this sense of entitlement started in this country, and how to get rid of it.
#15
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Spot on, the sense of entitlement is the problem!
Chapter 11 is the right thing to do, restructure, re-hire, get rid of a line of car models, possible sell some models, and keep the more sensible cars and trucks. I think that the RAM line will continue, whether it be under the umbrella of Chrysler or some smart cookie that snaps it up for a pittance
Chapter 11 is the right thing to do, restructure, re-hire, get rid of a line of car models, possible sell some models, and keep the more sensible cars and trucks. I think that the RAM line will continue, whether it be under the umbrella of Chrysler or some smart cookie that snaps it up for a pittance
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#16
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Just a thought.
Chrysler goes under. Completely. Maybe all the Rams would be worth more money than they are now? High demand, no trucks available. Since I bought mine, I have noticed so many Ram trucks on the road. I never noticed until I bought one myself. Theres no doubt that the Dodge Ram is Chrysler's bread and butter. And very popular as I see them.
Chrysler goes under. Completely. Maybe all the Rams would be worth more money than they are now? High demand, no trucks available. Since I bought mine, I have noticed so many Ram trucks on the road. I never noticed until I bought one myself. Theres no doubt that the Dodge Ram is Chrysler's bread and butter. And very popular as I see them.
#17
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If Chrysler is liquidated the Ram name and Hemi name will likely show up on another automakers line.
Even if that does not happen I do not see the price of Rams going up.
Even if that does not happen I do not see the price of Rams going up.
#18
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When Dodge cut thier line of work vans, the price of used ones went up a little, but it'll be 50 years before a Ram is worth what they're going for now. Maybe if you got the last one to roll off the line.
#20
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Who says the people running this country will allow it.
It is possible it will not be allowed and they will be liquidated. That has been the talk all along... No deal with Fiat means it will be sold off.
The next two weeks should be interesting, and in the thick of it all I will be picking up my truck and I do not care, I am getting my truck!
It is possible it will not be allowed and they will be liquidated. That has been the talk all along... No deal with Fiat means it will be sold off.
The next two weeks should be interesting, and in the thick of it all I will be picking up my truck and I do not care, I am getting my truck!
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