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05-15-2007, 06:52 AM
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Engineering first
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Real Name: Bob
Location: Huntsville, AL
Hybrids: Prius Classic 03
Posts: 5,160
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Chrysler
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
Quote:
Cerberus's Sharp-Toothed Ways
Firm Has History Of Turnarounds Fueled by Cuts
By Frank Ahrens
Washington Post Staff Writer
Tuesday, May 15, 2007; Page D01
In more than a decade of buying into down-and-out companies across three continents, Cerberus Capital Management has applied a similar strategy to most of its targets: cut, cut and cut some more.
Now Chrysler is set to join a list of acquisitions that includes long-haul trucker Fruehauf, Air Canada and lingerie maker Frederick's of Hollywood. Many of those companies have experienced turnarounds under Cerberus's slashing ways, but not without pain. . . .
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Let's see: - Hybrids on the lot, profitable company - Toyota
- Fewer hybrids on the lot, profitable company
- One model hybrid on the lot, surviving company
- One model, light-weight hybrid on lot, surviving company
- No hybrids on the lot -- Chrysler
As for hydrogen fuel celled vehicles, MIA. Not one hydrogen fuel celled vehicle can be bought from the show room floor, anywhere.
Bob Wilson
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05-15-2007, 07:27 AM
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Cng Attitudes-Not Physics
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Real Name: Chuck
Location: Lewisville (Dallas), Texas
Hybrids: 2000 Honda Enzyte 5-speed
Posts: 3,147
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Re: Chrysler
Some think Cerberus is just going to milk whatever value Chrysler has left, then throw it away. 
See http://www.msnbc.msn.com/id/18665395/site/newsweek/
61.5mpg lifetime - 82mpg in recent months
Best Run > 
www.cleanmpg.com
"fanatic" is what the lazy call the dedicated
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05-15-2007, 10:24 AM
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Ridiculously Active Enthusiast
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Real Name: Walt
Location: Lehigh Valley, PA
Hybrids: 2007 Mercury Mariner Hybrid
Posts: 1,191
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Re: Chrysler
" And Chrysler officials insisted Monday there would be no more layoffs."
While that was true on Monday, what about on next Tueday? 
Best single LD trip: 35.3mpg
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05-15-2007, 10:33 AM
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Ridiculously Active Enthusiast
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Real Name: Walt
Location: Lehigh Valley, PA
Hybrids: 2007 Mercury Mariner Hybrid
Posts: 1,191
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Re: Chrysler
"... Gettelfinger holds a big trump card with the $18 billion in health and pension costs Cerberus agreed to take off Daimler’s hands. "
"Then it will likely put a smaller, more profitable player back in the public domain through an initial public offering of stock. “
Let's see, they will IPO Jeep as a separate spin-off. Possibly, Dodge too. Neither leaving with any of the heavy load of that $18 billion. That would leave what remains of Chrysler with all of the liability. Then, suddenly, Chrysler will close it doors, and all of that $18 billion will just vanish.
Best single LD trip: 35.3mpg
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05-15-2007, 02:35 PM
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HypoFueler
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Location: Ohio
Hybrids: 2007 HCHII
Posts: 405
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Re: Chrysler
A Jeep Patriot Hybrid would already be in my garage if they built one. |
05-15-2007, 03:47 PM
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Ridiculously Active Enthusiast
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Real Name: Walt
Location: Lehigh Valley, PA
Hybrids: 2007 Mercury Mariner Hybrid
Posts: 1,191
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Re: Chrysler
Quote:
Originally Posted by spartybrutus
A Jeep Patriot Hybrid would already be in my garage if they built one. |
For me, it would have been a Jeep Liberty Hybrid (w/Selectrac, UpCountry, etc). 
Best single LD trip: 35.3mpg
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05-17-2007, 01:11 PM
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Pretty Darn Active Enthusiast
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Real Name: Harry
Location: Finger Lakes Region NY
Hybrids: 2007 Prius
Posts: 264
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Re: Chrysler
All Chrysler commercials on TV are aimed squarely at second-graders.
How about aiming just a bit higher? And while they are at it, they can fire their board of directors and get some people in there who have a clue.
Harry
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