DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**preachadaq** · 02-01-2009, 04:44 AM

Overall it is about the best deal Chrysler could get or even hope for with a partner. It does show the overall weakness of the company. Fiat pays no cash. It is only providing its cars and technology.

Hopefully for the good of the economy the deal will work out and keep a lot of people working. It would also be nice to see Fiat buy the remaining Daimler share of the company. The sooner Cerberus is gone the better off the company will be.

On another note this past week Chrysler started pressuring already overstocked dealers to take more cars now that the assembly plants are going back on line. Reading between the lines it shows that they have already spent most of the loan money and are trying to get struggling dealers to help out with more cash. As of Friday they had only sold dealers 22% of their goal. It is a tough time to ask dealers to pony up.

02-01-2009, 04:44 AM	#11
preachadaq Join Date Oct 2005 Posts 413 Senior Member	Overall it is about the best deal Chrysler could get or even hope for with a partner. It does show the overall weakness of the company. Fiat pays no cash. It is only providing its cars and technology. Hopefully for the good of the economy the deal will work out and keep a lot of people working. It would also be nice to see Fiat buy the remaining Daimler share of the company. The sooner Cerberus is gone the better off the company will be. On another note this past week Chrysler started pressuring already overstocked dealers to take more cars now that the assembly plants are going back on line. Reading between the lines it shows that they have already spent most of the loan money and are trying to get struggling dealers to help out with more cash. As of Friday they had only sold dealers 22% of their goal. It is a tough time to ask dealers to pony up.
	Quote