Comments on: Cerberus not interested in splitting up Chrysler http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html Car news, reviews, and specs for the auto-industry Fri, 10 Feb 2012 23:43:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Borat http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-415038 Borat Fri, 24 Oct 2008 16:06:24 +0000 http://www.leftlanenews.com/?p=10794#comment-415038 Chrysler owns 11 billion dollars in the bank and little in terms of outstanding loans. GM and Ford own less cash, property and equipment then they own to the banks. It cost for GM and Ford more to produce and sell a vehicle, then possible payoff; they cant even break even on per vehicle basis. Chrysler, wisely, almost stopped production and bleeding of cash. To make money GM has to sell Malibu @ $45K and Ford to sell Taurus for $50K. And that's were the problem lives. Chrysler owns 11 billion dollars in the bank and little in terms of outstanding loans. GM and Ford own less cash, property and equipment then they own to the banks. It cost for GM and Ford more to produce and sell a vehicle, then possible payoff; they cant even break even on per vehicle basis. Chrysler, wisely, almost stopped production and bleeding of cash.

To make money GM has to sell Malibu @ $45K and Ford to sell Taurus for $50K. And that’s were the problem lives.

]]> By: carstuff http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414996 carstuff Fri, 24 Oct 2008 12:30:36 +0000 http://www.leftlanenews.com/?p=10794#comment-414996 whys everybody talking chrysler in the ground? out of the big three, chrysler is definitely the one with the best products. LOL, are you serious? What does Chrysler have? No Subcompact, a compact that is not selling, an old PT, junk/non selling midsize cars, OLD/large/heavy/not selling RWD cars, a great minivan, an old RAM truck (new one is out and that is great but trucks are not gonna save them today), and Jeep. NOthing overseas. As far as the future there are NO vehicles being developed for launch after 2010. They have killed everything. I have talked to my counterparts at Chrysler. Chrysler has one fastener engineer left to keep the plants running. GM has lots more because they are developing new products. And this is true for every department. Cererbus has killed everything in the future to save cash and get ready to sell. GM HAS a selling subcompact, a compact (cobalt) that pretty much keeps increasing sales every month, excellent midsize Aura, Malibu and soon LaCrosse, decent FWD large cars and great trucks. Also excellent high end CTS with new versions coming out (Chrysler has nothing there). AND lots of overseas vehicles that are selling well. whys everybody talking chrysler in the ground? out of the big three, chrysler is definitely the one with the best products.

LOL, are you serious? What does Chrysler have? No Subcompact, a compact that is not selling, an old PT, junk/non selling midsize cars, OLD/large/heavy/not selling RWD cars, a great minivan, an old RAM truck (new one is out and that is great but trucks are not gonna save them today), and Jeep. NOthing overseas. As far as the future there are NO vehicles being developed for launch after 2010. They have killed everything. I have talked to my counterparts at Chrysler. Chrysler has one fastener engineer left to keep the plants running. GM has lots more because they are developing new products. And this is true for every department. Cererbus has killed everything in the future to save cash and get ready to sell.

GM HAS a selling subcompact, a compact (cobalt) that pretty much keeps increasing sales every month, excellent midsize Aura, Malibu and soon LaCrosse, decent FWD large cars and great trucks. Also excellent high end CTS with new versions coming out (Chrysler has nothing there). AND lots of overseas vehicles that are selling well.

]]> By: CanadaCraig http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414994 CanadaCraig Fri, 24 Oct 2008 10:57:57 +0000 http://www.leftlanenews.com/?p=10794#comment-414994 A very promising future for Chrysler is just around the corner. There are a lot of great new products just waiting in the wings. AND an entirely new line of V6 engines. There is no need to kill Chrysler. There is no need to SELL Chrysler. Cerberus is just being impatient. Besides - if GM buys Chrysler - it will kill Chrysler and THEN kill GM. Cerberus wants GMAC. That's all they care about. I hope they can't get it and are forced to live up to their original commitment to be 'In it for the long term' - as they said they would be when they bought Chrysler from Daimler. Craig!! :) A very promising future for Chrysler is just around the corner. There are a lot of great new products just waiting in the wings. AND an entirely new line of V6 engines. There is no need to kill Chrysler. There is no need to SELL Chrysler. Cerberus is just being impatient. Besides – if GM buys Chrysler – it will kill Chrysler and THEN kill GM.

Cerberus wants GMAC. That’s all they care about. I hope they can’t get it and are forced to live up to their original commitment to be ‘In it for the long term’ – as they said they would be when they bought Chrysler from Daimler.

Craig!! :)

]]> By: fan http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414990 fan Fri, 24 Oct 2008 09:27:16 +0000 http://www.leftlanenews.com/?p=10794#comment-414990 whys everybody talking chrysler in the ground? out of the big three, chrysler is definitely the one with the best products. (that dont mean too much, regarding Ford and GMs current products, but still) its true, chryslers sales are the worst as far as i can see, but thats definitely not due to the products; maybe rather bad press, bad company communication (i.e. advertisement)... anyway, i think chrysler will be around for some while, which i sometimes doubt for gm and ford... whys everybody talking chrysler in the ground? out of the big three, chrysler is definitely the one with the best products. (that dont mean too much, regarding Ford and GMs current products, but still)

its true, chryslers sales are the worst as far as i can see, but thats definitely not due to the products; maybe rather bad press, bad company communication (i.e. advertisement)…

anyway, i think chrysler will be around for some while, which i sometimes doubt for gm and ford…

]]> By: TOZO http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414983 TOZO Fri, 24 Oct 2008 07:00:19 +0000 http://www.leftlanenews.com/?p=10794#comment-414983 Cerberus is already screwed. Their Mervyns stores are closing, and now Chrysler. Maybe Chrysler should go back on the exchange. Let's see.. Ford is $2 a share, GM is $6... So, Chrysler could be about a quarter-dollar per share just like Sirius XM Satellite Radio. That'll raise like a thousand bucks for Chrysler. Maybe a seizure like WaMu's seizure by the government and the giving of control to JP Morgan. The government should just give it to GM for free. Maybe even pay GM to accept that junk company. Jeep is the only real asset there, and Carlos Ghosn is willing to take. Cerberus is already screwed. Their Mervyns stores are closing, and now Chrysler. Maybe Chrysler should go back on the exchange. Let’s see.. Ford is $2 a share, GM is $6… So, Chrysler could be about a quarter-dollar per share just like Sirius XM Satellite Radio. That’ll raise like a thousand bucks for Chrysler. Maybe a seizure like WaMu’s seizure by the government and the giving of control to JP Morgan. The government should just give it to GM for free. Maybe even pay GM to accept that junk company. Jeep is the only real asset there, and Carlos Ghosn is willing to take.

]]> By: bolex http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414982 bolex Fri, 24 Oct 2008 05:34:10 +0000 http://www.leftlanenews.com/?p=10794#comment-414982 sounds like GM deal didnt satisfy Cerberus...i guess until the next offer comes ....screw cerberus. sounds like GM deal didnt satisfy Cerberus…i guess until the next offer comes ….screw cerberus.

]]> By: olds307 http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414974 olds307 Fri, 24 Oct 2008 02:31:24 +0000 http://www.leftlanenews.com/?p=10794#comment-414974 just put them back on the stock exchange........problem solved or a management buyout just put them back on the stock exchange……..problem solved

or a management buyout

]]> By: Lariat Luxury Locomotive Liner No.3 http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414949 Lariat Luxury Locomotive Liner No.3 Thu, 23 Oct 2008 23:58:18 +0000 http://www.leftlanenews.com/?p=10794#comment-414949 If Cerberus and Jim Press were so interested in business as usual why didn’t they pursue these negotiations behind closed doors as many deals are done? Cerberus wants to appease the banks that hold stake in them versus selling to Nissan as then they will have to deal with international law and a whole new ball game. As it stands Cerberus is banking on the US Taxpayer to bail their sorry asses out. I say screw Cerberus! If Cerberus and Jim Press were so interested in business as usual why didn’t they pursue these negotiations behind closed doors as many deals are done? Cerberus wants to appease the banks that hold stake in them versus selling to Nissan as then they will have to deal with international law and a whole new ball game. As it stands Cerberus is banking on the US Taxpayer to bail their sorry asses out. I say screw Cerberus!

]]> By: 441Zuke http://www.leftlanenews.com/cerberus-not-interested-in-splitting-up-chrysler.html#comment-414931 441Zuke Thu, 23 Oct 2008 22:18:43 +0000 http://www.leftlanenews.com/?p=10794#comment-414931 why would they want a shitty auto corporation when they can make money with an auto financing corporation. why would they want a shitty auto corporation when they can make money with an auto financing corporation.

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