Its amazing how today China has become such a major player in the world economy that countries like the US are becoming more and more dependant on China’s rapidly increasing wealth. Like it or not, China will soon be the next economic and military superpower. All that money can afford the very best weapons. Especially when China and Russia form a military alliance, they will be unstoppable.

Trooper1, China literally owns the US on paper; this is no joke. If China were to pull in the US’ debt service to them, the US would fold like a paper tiger.

Cerberus paid (almost)nothing for Chrysler. This is their business plan:
1. Create a foreign subsidiary, licensed to use all Chrysler technology and permanent, exclusive use of branding.
2. Begin producing Chrysler vehicles at foreign subsidiary for sales outside of US as well as import into the US.
3. Structure relationship and transfer prices so all profits are made outside of the US.
4. Spin off foreign subsidiary for Billions and relieve them of Chrysler legacy costs in the US.
5. Declare bankruptcy in the US and relieve themselves of all legacy costs, or just fold the company.

thart66, I am afraid you are not far from the truth. If people carefully study Cerberus they will learn what they are really made of, and how they operate at the fringes of the law and loopholes to **** the American public, and anyone else—all in the name of money. Cerberus could give a **** about cars, or Chrysler.

thart66: I had no idea there was a member of Cerberus’ Board of Directors on our little forum. Thank you for sharing their long term strategy with us. Now perhaps you could also tell us where you and Mr. Nardelli had lunch yesterday.

johnnycanuck, Nardelli was seen having lunch at a hotdog cart just outside the exit doors of the Home Depot next to his Chrysler office.

I hear he was later caught by store security trying to sneak out with a diecast Tony Stewart Toyota Camry.

F451 & trooper1: never mind what Chinese own on paper. Take a look at the “Made in ” label on your skivvies, shoes, socks, shirts, pants (if you are wearing any). Unless you are exquisitely rich it is all made in China. Including fridge and furniture in your house.
P.S. Nardelii can afford not to eat “lips and assholes”, commonly known as hotdogs . I think he does quite well for himself.

johnnycanuck, LOL!

Xyunya, shoes = Italy; suits = Italy; socks, skivvies = you’re probably right; Fridge = Switzerland (Liebherr); Appliances = Germany & Sweden (Miele & ASKO); furniture = Denmark, France, and Italy.

thart66, Cerberus dropped 6 to 8 billion for 80% of Chrysler. Hardly small change considering what they got in exchange.

F451, splurge on socks – Rohner of Switzerland has great fit and feel; you’ll never put Chinese garbage on again.

Xyunya, thanks, I’ll look into them!

Xyunya, read the fine print. Over 5 billion of the price paid by Cerberus went right into Chrysler (themselves), and Daimler assumed much of the debt.
The net was, Daimler paid Cerberus 700M to take over Chrysler.

Maybe they should just pull out of the US and focus on other countries. Americans don’t seem to want it and constantly cry over silly crap like interiors. Oh well……..

Is the Chrysler brand even worth keeping. Aren’t they only keeping it because it’s the name of the company?
1. The PT Cruiser and the 300C are great, but their time has come. Besides, the PT Cruiser is better off a Dodge, and the 300 is better off a Charger.
2. The Sebring convertible can be an Avenger convertible. Although this one model would be the hardest push from Chrysler to Dodge. And the new Sebring sedan was a mistake to begin with.
3. Dodge already has a minivan.
4. Durango beats Aspen.
5. Pacifica and Crossfire are dead or dying.
6. Nothing is in the pipeline!
So… I do not see why the Chrysler brand should continue.