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Old 12-21-2007, 02:05 PM
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Chrysler In Finalncial Trouble

Take a look at this article I just read.Chrysler seen in serious financial crunch - Autos - MSNBC.com
Doesn't sound good for Chrysler....
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Old 12-21-2007, 05:17 PM
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OUCH! That should spur them to make a deal with Nissan tho'. Although I wonder if Nissan still wants the deal since the news is out.
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Old 12-21-2007, 07:08 PM
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Isn't Ford in the same situation? They're trying to unload Jaguar and Rover. Jaguar I remember reading somewhere is sucking the life out of them just to stay afloat.
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Old 12-25-2007, 01:03 PM
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I can't believe Jaguar and Land Rover are going to be owned by Indian companies, and a company called Tata at that. Would be hard to picture India and high quality.
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Old 12-25-2007, 07:01 PM
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Quote:
Originally Posted by PolarBear View Post
Isn't Ford in the same situation? They're trying to unload Jaguar and Rover. Jaguar I remember reading somewhere is sucking the life out of them just to stay afloat.
yup, i read that same article. Ford and Dodge are in serious financial trouble. they're like that corn niblet in a toilet just avoiding being completely flushed down the drain, but in the toilet nontheless. General Motors isn't far behind either. perhaps all makes of cars in the near future will be Toyota.
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Old 12-25-2007, 07:18 PM
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I bet even Toyota will be floating in the toilet when China gets going....................just remember, "don't eat the paint".
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Old 12-25-2007, 07:40 PM
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I bet even Toyota will be floating in the toilet when China gets going....................just remember, "don't eat the paint".
oh, how true. i'm sure toyota is ahead of the game through either building plants in guanzhou, china or moving into existing plants and building their vehicles there already. even with chrysler outsourcing many of their parts, engines, transmissions from outside countries like mexico. its amazing how much in the red they are.
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Old 12-25-2007, 08:33 PM
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I agree......... Especially if the Chinese can build a tight quality product......
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