Forum Discussion
itguy08
Jul 30, 2015Explorer
Perrysburg Dodgeboy wrote:
It was posted to show the facts of what is and is not going to happen. Unlike the many posts talking about 300,000 to 500,000 trucks, cars and or SUV's.
As always I have never hide the fact that I work for FCA US not one time.
FCA is going to spend a lot of $$ on this, that's the fact. Trying to spin it any other way is ludicrous. Their garbage vehicles are starting to catch up to them. Spin it as Daimler this, Cereberus that but the fact is Chrysler has been making garbage for most of their 100 year history. So much so that they have been bailed out by You and I TWICE!!!
Yes, the up to $2 Billion (500k * $5k per vehicle) is 10% of their cash reserves. And probably not going to matter. But when you constantly make the lowest quality vehicles on the road, this does not bode well for future sales. Smart people will take FCA's money, run to the nearest competitor and get out of their POS Chrysler product.
You know it's bad when Sergio is now splitting FCA up and begging for a merger. You can't survive long on low quality, razor thin margins, and high incentives.
Here's the real info straight from the US Government:
FCA Recall Info from safecar.gov
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