Forum Discussion
Perrysburg Dodgeboy wrote:
Travelnutz,Chrysler has not been sold three times. There was the "Merger of Equals" when that POS know nothing Bob Eaton merged us with Damn-Lire. Who by the way was cash poor before the merger but soon and a major cash infusion thanks to Chrysler. Good ole Bobby Boy received a $100,000,000.00 buy out for him to step down. He only had 9 months left on his contract and he could have been let go for not a penny. Think maybe there was a little per merger negotiation in place? Lee Iaccoca told the Board that if they put Bobby Boy in charge Chrysler would be doomed and he was right. After D-L ran Chrysler into the ground they took what they wanted and sold us to the Hell-Hound's. As for the Bankruptcy I do believe your great GMC was in the Court Room right next door with us TN. We where forced through Bankruptcy both GM nor Chrysler wanted it.
As for the rest of your post it don't hold water my friend, when CEO's are being paid hundreds of millions in pay, options and benefits plus their golden parachutes they all have then nope sorry not buying it. By the way for someone that claims poverty you sure are living the high life TN. Don't throw stones if you live in a glass house.
Don
Lee Iacocca chose Boby Boy as his successor and he even admitted it in his book "Where Have All the Leaders Gone" that was his biggest mistake at Chrysler. He should have chosen Bob Lutz who was the real big gun at Chrysler during the 90s and I bet Chrysler would still be an American company to date.
Advantage Chrysler
The Chrysler Team that Should Have
BTW... If you can find a better car Buy It! :WTerryallan wrote:
GKN?travelnutz wrote:
Buckeye Chuck,
"Why was that necessary?"
Perhaps Terryallen etc others will be finding out in the not very distant future. The competition's present or past technical and quality productive skills will only improve with time and the lure of increased profit potential from added customers and products produced.
!
Buck he's Prolly just trying to makes himself feel better.
I have a pretty good idea of what is going on. The company I work for is State of the art. The reason we have such great business, Is because we are the best, bar none, at what we do. Several of our processes are unique to our plant, Not just our company, but our plant. No one else does it. Why? Expense, Why do we do it that way.? Quality. Everything extra we do is because of quality. GM came back because they could NOT do what we can do. They tried. Bought their own ... factory to replace us. And they are back, with hat in hand, But they ain't the big dog in the house any more. But at least they did get in. Many other auto manufactures can't get in. Because we are just at our limit, until more machines, are purchased, and new buildings are built. Which BTW is happening as we speak.
Why do all these manufacturers want us? Because we are the best.
So. Do I want GM to do well. Yep. They help pay the bills. I want all our customers to do well. And I'm glad that GM is finally upgrading some of their line.
Come on down. You'll see what the future looks like. And remember. If you have a American branded car. Or even some foreign ones, If it moves when you put it in gear. Could be because of me.
BTW. I could tell y'all who I work for. But they don't like their name bandied about on social media. But I guess I could tell you. I did work for GETRAG. And if you know the Auto industry. You know GETRAG.- Hmmm!
A merger of equals? Is that why Daimler paid 36 billion for 92% of Chrysler on May 7th, 1998? Do your research Don!
A merger of equals? Is that why Cerberus paid 7.4 billion for 81% of Chrysler on May 14th, 2007 when Daimler finally had enough of the losses experienced while OWNING Chrysler? Do your research Don!
Merger of equals? Is that how a larger corporation named Fiat, of Italy, now owns the majority of the much smaller Chrysler it purchased on July 21st, 2011 from the US Government and why Sergio, the CEO of Fiat, calls the shots for Chrysler? Do your research Don!
I'll help you!
Google these:
Daimler buys Chrysler
then
Cerberus buys Chrysler
then
Fiat buys Chrysler
Should keep you entertained for hours and help you learn at the same time.
Are you sure you work for Chrysler Corp? If you said Allpar I'd understand the brainwashing.
Don, just trying to help you. - I watched the entire youtube post. Seems like a good thing GM is doing.
travelnutz wrote:
Buckeye Chuck,
"Why was that necessary?"
Perhaps Terryallen etc others will be finding out in the not very distant future. The competition's present or past technical and quality productive skills will only improve with time and the lure of increased profit potential from added customers and products produced.
!
Buck he's Prolly just trying to makes himself feel better.
I have a pretty good idea of what is going on. The company I work for is State of the art. The reason we have such great business, Is because we are the best, bar none, at what we do. Several of our processes are unique to our plant, Not just our company, but our plant. No one else does it. Why? Expense, Why do we do it that way.? Quality. Everything extra we do is because of quality. GM came back because they could NOT do what we can do. They tried. Bought their own ... factory to replace us. And they are back, with hat in hand, But they ain't the big dog in the house any more. But at least they did get in. Many other auto manufactures can't get in. Because we are just at our limit, until more machines, are purchased, and new buildings are built. Which BTW is happening as we speak.
Why do all these manufacturers want us? Because we are the best.
So. Do I want GM to do well. Yep. They help pay the bills. I want all our customers to do well. And I'm glad that GM is finally upgrading some of their line.
Come on down. You'll see what the future looks like. And remember. If you have a American branded car. Or even some foreign ones, If it moves when you put it in gear. Could be because of me.
BTW. I could tell y'all who I work for. But they don't like their name bandied about on social media. But I guess I could tell you. I did work for GETRAG. And if you know the Auto industry. You know GETRAG.- Travelnutz,Chrysler has not been sold three times. There was the "Merger of Equals" when that POS know nothing Bob Eaton merged us with Damn-Lire. Who by the way was cash poor before the merger but soon and a major cash infusion thanks to Chrysler. Good ole Bobby Boy received a $100,000,000.00 buy out for him to step down. He only had 9 months left on his contract and he could have been let go for not a penny. Think maybe there was a little per merger negotiation in place? Lee Iaccoca told the Board that if they put Bobby Boy in charge Chrysler would be doomed and he was right. After D-L ran Chrysler into the ground they took what they wanted and sold us to the Hell-Hound's. As for the Bankruptcy I do believe your great GMC was in the Court Room right next door with us TN. We where forced through Bankruptcy both GM nor Chrysler wanted it.
As for the rest of your post it don't hold water my friend, when CEO's are being paid hundreds of millions in pay, options and benefits plus their golden parachutes they all have then nope sorry not buying it. By the way for someone that claims poverty you sure are living the high life TN. Don't throw stones if you live in a glass house.
Don - This was my post so ya I pulled the trigger and stand by it. I think Americans working in the USA to supply American companies is a good thing. You can think whatever you want.
"Nutz should be applauding an American, working for an American company, supplying an American auto company rather than slamming him. What has this country come to." - Don,
Are you saying that the way our business laws and regulations have stymied manufacturing in the USA is not drastic overkill the rest of the world doesn't enjoy and that it hasn't ruined our business climate? Please, start your own business and learn something for a change! Watch the easy money flow in day after day and you get to keep it, well maybe just a small protion of it after many years if you are very successful. Why is it that hourly workers think all the milk and honey is flowing free on the other side of the fence they see in their minds? You just don't know how good you have it, my boy! Work your hours and go home and receive your paycheck like clockwork every pay period. Luckily, your employer has this never depleting huge money tree out back and they're set for life. Chrysler needs you to be their financial director and then after your great success, you can become the CEO of Chrysler if Fiat Sergio allows it.
Yes, our manufacturers are simply floating in money and have been floating in huge vats of hundreds of millions of dollars just laying around constantly. Of course, that's why there are so many that have gone out of business or simply bankrupt. Gee whiz, it must have forgotten about that fact! BTW, did Chrysler file bankruptcy and were they sold 3 times so far? Why if the corporation was making hundreds of millions a year did the darn fools file bankruptcy and why was it sold at a loss repeatedly? I can't wait for your answers. This is going to be GOOD! - Not superior however I do the actual research and have been an active part of the transition scenarios on both sides you are referring to in your post. Shooting from the hip using a bent barrel given to you isn't going to be to great for hitting many bullseyes or maybe even the target itself. Doesn't matter who or how the barrel had gotten bent. You are the one who pulled the trigger. Find out the true details so you can be much more accurate and actually shoot straight.
- Travelnutz my point was that saying "Priced and regulated out of being competitive with and in the world market place we are a part of." the reason you are regulated to death is because without regulation our planet would be a giant cesspool. The businessmen are to blame for that not the government.
I would love to see more things made here in the good ole USA but until the big boys decide they don't need to make hundreds of millions a year it is not going to happen.
Don
