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[News Feed]

In a generally inspirational letter to Chrysler employees, Sergio Marchionne pointed out how far Chrysler had come in the last two years. Journalists then were predicting Chrysler's demise: "They underestimated the energy, the capabilities and the composure under crisis that sustain the people who comprise the soul of Chrysler. Now, the tone of coverage has shifted, focusing on our comeback story and on what matters most, our products. We didn't get caught up in the press clippings before, and we can't afford to bask in them now. We understand that there is a great deal of work ahead of us. ... You have shown tremendous courage in taking responsibility for the fate of Chrysler in your own hands. Your sense of purpose and passion has restored pride and credibility in our company. You are the authors of a remarkable story in 2011, and I look forward to continuing our journey..

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[DM_Kota]

I Still kinda like a "two compaines working in great cooperation" idea better than a "one company" thought

[juma1998]

DM_Kota, on January 3, 2012 at 04:32 pm, said:

I Still kinda like a "two compaines working in great cooperation" idea better than a "one company" thought

Agreed

[Howhigh]

DM_Kota, on January 3, 2012 at 04:32 pm, said:

I Still kinda like a "two compaines working in great cooperation" idea better than a "one company" thought

Ditto!!! Especially if its under the Fiat name!

Edited by Howhigh, January 3, 2012 at 04:43 pm.

[Mike V.]

Let the conspiracy theories roll...

See The List

Mike

[dakotaturismocomander]

Mike V., on January 3, 2012 at 07:27 pm, said:

Let the conspiracy theories roll...

See The List

Mike

+1 haha thats exactly what I thought.

[spool_68]

Well we'll see how greatfull he is in sept when the CAW contract is up. Cause I'm not going to roll over like the UAW did

[sebring96hbg]

Whatever the corporate structure, Chrysler is intact as much as possible considering that the dome was briefly a pick and pull showroom for the Chinese.

Chrysler may have paid off the government high interest rate "bailout" loans; but, it was paid off with lower interest rate loans.  Either way, Chrysler is still highly leveraged.  One year of modest profits after years of staggering losses does not make for Chrysler being out of the woods yet.

Edited by sebring96hbg, January 4, 2012 at 09:43 am.

[Erik Latranyi]

sebring96hbg, on January 4, 2012 at 08:13 am, said:

One year of modest profits after years of staggering losses does not make for Chrysler being out of the woods yet.

You are correct.  Chrysler's volume is slightly above break-even.  Another economic collapse in the near term could be fatal.