Comments on: Parts of Chrysler to remain in bankruptcy for two years http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html Car news, reviews, and specs for the auto-industry Fri, 10 Feb 2012 23:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: saabaru1 http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-457497 saabaru1 Sat, 16 May 2009 17:38:52 +0000 http://www.leftlanenews.com/?p=17901#comment-457497 Didn't they have grand plans to sell Viper off as a brand? Anybody know yet how much Cerberus lost by buying Chrysler? Didn't they buy it for debt equity too? I'd like to get the whole story, I almost feel bad for them, they got it pretty hard by our own govt... Ahh the endless foreskin of government... ...I mean, foresight. Didn’t they have grand plans to sell Viper off as a brand? Anybody know yet how much Cerberus lost by buying Chrysler? Didn’t they buy it for debt equity too? I’d like to get the whole story, I almost feel bad for them, they got it pretty hard by our own govt… Ahh the endless foreskin of government…
…I mean, foresight.

]]> By: militarydave http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456975 militarydave Thu, 14 May 2009 14:59:44 +0000 http://www.leftlanenews.com/?p=17901#comment-456975 well if the issue is the CAW and UAW, hell, send them to Mexico. They'll build em. eventually they'll have a MAW, but thats years away. Ford seems to be ok down there, so is nissan, vw, mercedes, renault, etc. and yes, the Viper will be missed. we can only hope someday it will make it's return! well if the issue is the CAW and UAW, hell, send them to Mexico. They’ll build em. eventually they’ll have a MAW, but thats years away. Ford seems to be ok down there, so is nissan, vw, mercedes, renault, etc.

and yes, the Viper will be missed. we can only hope someday it will make it’s return!

]]> By: beatusmongous http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456867 beatusmongous Thu, 14 May 2009 00:24:32 +0000 http://www.leftlanenews.com/?p=17901#comment-456867 Of all things Chrysler, I'm going to miss the growl of the Viper most. Of all things Chrysler, I’m going to miss the growl of the Viper most.

]]> By: Mutant@DCX http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456796 Mutant@DCX Wed, 13 May 2009 21:27:31 +0000 http://www.leftlanenews.com/?p=17901#comment-456796 Viper factory [Conner Assy] is just 4 walls, there is nothing special about it. No special machinery, no paint. Penske can build this car anywhere! Viper factory [Conner Assy] is just 4 walls, there is nothing special about it. No special machinery, no paint. Penske can build this car anywhere!

]]> By: Borat http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456745 Borat Wed, 13 May 2009 19:32:24 +0000 http://www.leftlanenews.com/?p=17901#comment-456745 Jake, There was Ford plant not far from me that used to build medium trucks in NJ and it is demolished (I reckon it was environmental disaster like everything in my Garden State) and land is unoccupied for the past 10 years. Some value there. Jake,

There was Ford plant not far from me that used to build medium trucks in NJ and it is demolished (I reckon it was environmental disaster like everything in my Garden State) and land is unoccupied for the past 10 years. Some value there.

]]> By: JakeK66 http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456721 JakeK66 Wed, 13 May 2009 18:20:53 +0000 http://www.leftlanenews.com/?p=17901#comment-456721 I don't get the part where the plants are worth $2.3 Billion. If no one wants the plants, they are worth NOTHING! I know - there's a abandoned Ford plant not far from me that built Explorers and I have yet to hear of one interested party EVER! I don’t get the part where the plants are worth $2.3 Billion. If no one wants the plants, they are worth NOTHING! I know – there’s a abandoned Ford plant not far from me that built Explorers and I have yet to hear of one interested party EVER!

]]> By: CarCzarCdn http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456714 CarCzarCdn Wed, 13 May 2009 18:03:09 +0000 http://www.leftlanenews.com/?p=17901#comment-456714 Funny thing about the Viper, is that no one has actually come out and said that it is being cancelled. The Media is assuming it's gone, because the factory that currently makes it is being closed and sold. There is no reason they can't move production to another under utilized plant. They only build approx. 1500 Vipers a year and it's a fairly profitable business. Funny thing about the Viper, is that no one has actually come out and said that it is being cancelled. The Media is assuming it’s gone, because the factory that currently makes it is being closed and sold. There is no reason they can’t move production to another under utilized plant. They only build approx. 1500 Vipers a year and it’s a fairly profitable business.

]]> By: CarCzarCdn http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456713 CarCzarCdn Wed, 13 May 2009 18:00:24 +0000 http://www.leftlanenews.com/?p=17901#comment-456713 Cerberus and Daimler both gave up all their shares in Chrysler and cancelled any debts owed to them to make this happen. The Canadian Gov. has agreed to keep their 2% for a minumum of 2 years and then they plan to sell those shares to the highest bidder. The CAW has announced that they have no intention of keeping their 55% past two years either, and will sell them off. Cerberus and Daimler both gave up all their shares in Chrysler and cancelled any debts owed to them to make this happen. The Canadian Gov. has agreed to keep their 2% for a minumum of 2 years and then they plan to sell those shares to the highest bidder. The CAW has announced that they have no intention of keeping their 55% past two years either, and will sell them off.

]]> By: ninetysixvert http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456709 ninetysixvert Wed, 13 May 2009 17:45:41 +0000 http://www.leftlanenews.com/?p=17901#comment-456709 The Viper is only "bad"because it's being discontinued. In the coming years it should turn out to be 43% Fiat, 2% Canadian, and 55% UAW? Where did that come from? And what happened to the percent Cerberus had? The Viper is only “bad”because it’s being discontinued.

In the coming years it should turn out to be 43% Fiat, 2% Canadian, and 55% UAW? Where did that come from? And what happened to the percent Cerberus had?

]]> By: Hyperion http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456706 Hyperion Wed, 13 May 2009 17:35:16 +0000 http://www.leftlanenews.com/?p=17901#comment-456706 The Viper is now a "bad" part of Chrysler? I don't think they had any trouble selling those cars to their intended customers. Perhaps the Obama administration simply hates the very intention the Viper stands for. For shame, because it's not like every family looking for a new car with decent fuel economy is going to be in the market for one of those monsters. The Viper is now a “bad” part of Chrysler? I don’t think they had any trouble selling those cars to their intended customers. Perhaps the Obama administration simply hates the very intention the Viper stands for. For shame, because it’s not like every family looking for a new car with decent fuel economy is going to be in the market for one of those monsters.

]]> By: johnnycanuck http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456703 johnnycanuck Wed, 13 May 2009 17:23:20 +0000 http://www.leftlanenews.com/?p=17901#comment-456703 This whole thing reminds me of one of those colon cleansing diets. The only difference is in this case they'll have to look in the bowl before they flush and It is not going to be pretty. This whole thing reminds me of one of those colon cleansing diets. The only difference is in this case they’ll have to look in the bowl before they flush and It is not going to be pretty.

]]> By: CarCzarCdn http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456699 CarCzarCdn Wed, 13 May 2009 17:01:18 +0000 http://www.leftlanenews.com/?p=17901#comment-456699 I think that the Union should be forced to keep at least a 45% ownership in the company when all this finally shakes out in a few years. Employees that own the company they work for, work a hell of a lot harder and put more heart in to it. I think that the Union should be forced to keep at least a 45% ownership in the company when all this finally shakes out in a few years. Employees that own the company they work for, work a hell of a lot harder and put more heart in to it.

]]> By: CarCzarCdn http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456697 CarCzarCdn Wed, 13 May 2009 16:58:16 +0000 http://www.leftlanenews.com/?p=17901#comment-456697 P.S. That ACR Viper is just so bad a** looking......I'm really going to miss that car. P.S. That ACR Viper is just so bad a** looking……I’m really going to miss that car.

]]> By: CarCzarCdn http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456696 CarCzarCdn Wed, 13 May 2009 16:54:23 +0000 http://www.leftlanenews.com/?p=17901#comment-456696 Sometimes I don't think people pay attention....New Chrysler = 20% Fiat, 8% US Gov, 2% Canadian Gov, 55% UAW, and 15% being held as a carrot for Fiat to win over the next few years as they meet certain requirements. Bad Chrysler is all the stuff they don't want to keep that gets liquidated and divided up between all the creditors including the Government. The Government gets part of the liquidated assets as well as ownership in the New Chrysler, which at some point they will sell to Fiat at Market Value. Sometimes I don’t think people pay attention….New Chrysler = 20% Fiat, 8% US Gov, 2% Canadian Gov, 55% UAW, and 15% being held as a carrot for Fiat to win over the next few years as they meet certain requirements.

Bad Chrysler is all the stuff they don’t want to keep that gets liquidated and divided up between all the creditors including the Government. The Government gets part of the liquidated assets as well as ownership in the New Chrysler, which at some point they will sell to Fiat at Market Value.

]]> By: mulletmaster http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456693 mulletmaster Wed, 13 May 2009 16:28:32 +0000 http://www.leftlanenews.com/?p=17901#comment-456693 Fiat should have to take the good, the bad and the ugly in this deal. Thanks for shoveling tax dollars into a black hole asshats. Fiat should have to take the good, the bad and the ugly in this deal. Thanks for shoveling tax dollars into a black hole asshats.

]]> By: wbent http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456690 wbent Wed, 13 May 2009 16:17:57 +0000 http://www.leftlanenews.com/?p=17901#comment-456690 Its all smoke and mirrors, never mind the person behind the curtain. Its all smoke and mirrors, never mind the person behind the curtain.

]]> By: carstuff http://www.leftlanenews.com/parts-of-chrysler-to-remain-in-bankruptcy-for-two-years.html#comment-456689 carstuff Wed, 13 May 2009 16:11:55 +0000 http://www.leftlanenews.com/?p=17901#comment-456689 Oh, I love this now. Perhaps the government will not have any of the good Chrysler and they will not be running it? Will the bad Chrysler build anything or have any income? Oh, I love this now. Perhaps the government will not have any of the good Chrysler and they will not be running it?

Will the bad Chrysler build anything or have any income?

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