now cerberus doesnt have to worry about the debt, they can pay more attention to that stuff, and not let the pension of current works build up, if they were smart the would put the pension money in a separate account.

 

Well, their statments are pro-active, at least. Perhaps a change like this was needed. The drama still continues..............

Dusty

 

I've got something innovative for Chrysler. Tom, you're fired! Also your marketing crew too.

Those stocks are amazing. A $30 increase per share over last year. A gold mine just sitting there!

 

Hope this works out.

 

New owners of companies tend to push for change of direction, at least a bit. As long as they leave the basics in place, Chrysler should be OK................somehow I feel like an orphan though. My keyfob/remote is no longer "current".............

Dusty

 

hey, german engineering is still good though! remember that! lol. im glad we got american hands on the company now. but it still seems as though they arent gonna open plants here in the states, kinda like what ramTHIS03 said...

94rt, no new 2009 ram? thank god!! lol. i hope its just little by little that they change the style. not a lot like we all thought.

 

Its simple! The government gives import companies tax breaks for building plants here; while the domestic companies still pay an enormous amount in taxes; thus the reason for employee cuts, and benefit cuts. And they (government)will continue to do so as they are pushing ethanol and other fuel options, and the imports are the companies on top of hybrid manufacturing.

 

Exactly! The government totally sucks, pure and simple. Its almost like they're just setting up our own stuff for failure. Still, Ill keep buying Jeeps and eventually someday score a challenger. The dolts that have no better sense than to buy a hybrid or some lame, faceless cammaccord sedan crap can have them...

 

The Big Three US automakers have caved in to MASSIVE future pension liabilities for the past 30 years. They obtained short term labor stability, but with a large portion of their work force nearing retirement age, there is just NO WAY that can remain price competative with the likes of Toyota and Honda where there are much lower cost retirement liability plans in effect. The average Ford, GM and Chrysler pension cost built into each vehicle is more than $1,650 per vehicle more than Toyota, Honda, etc..

 

Comeon, we have had these retirement costs for the past 30-40 years. But now they are the problem? Yes they do provide a decent pension plan, but they do not do any 401k matching. If the average person has a dollar for dollar match program they could get far more out of their company than our pension plan. Its pretty simple, our fixed costs remain the same, but we are selling fewer cars to shoulder the burden, thus the lack of money. But who pays that price? Those of us on the bottom. Mean while the top brass keep rolling in the money, even though they are the ones most responsible for the losses.