Chrysler shuts down all production

#1

Post by jyrzyk » Thu, Dec 18, 2008, 8:29 PM UTC

Chrysler shuts down all production
money.cnn.com

Re: Chrysler shuts down all production

#2

Post by dmix » Thu, Dec 18, 2008, 9:32 PM UTC

So this is part lack of capital and part political posture.

Re: Chrysler shuts down all production

#3

Post by mcargian » Thu, Dec 18, 2008, 9:37 PM UTC

Remember, they always shut down for two weeks this time of year. There are just extending it by two more weeks. This really isn't surprising or shocking.

Re: Chrysler shuts down all production

#4

Post by erickhill » Thu, Dec 18, 2008, 9:42 PM UTC

mcargian wrote: post #3

Remember, they always shut down for two weeks this time of year. There are just extending it by two more weeks. This really isn't surprising or shocking.

It will be a bit more shocking (but not surprising) in '09 when the title is, "Chrysler shuts down production - forever"

Re: Chrysler shuts down all production

#5

Post by vaksel » Fri, Dec 19, 2008, 1:09 AM UTC

erickhill wrote: post #4

mcargian wrote: post #3

Remember, they always shut down for two weeks this time of year. There are just extending it by two more weeks. This really isn't surprising or shocking.

It will be a bit more shocking (but not surprising) in '09 when the title is, "Chrysler shuts down production - forever"

Chrysler has a history of being on the brink of bankruptcy...current situation is nothing new for them

Re: Chrysler shuts down all production

#6

Post by sarvesh » Fri, Dec 19, 2008, 2:11 AM UTC

"continued lack of consumer credit for the American car buyer" says the company. My message to them it should honestly read "lack of easy credit means people who are sensible won't buy our sub standard product".