Overreactions
It doesn’t take much to set off the Chrysler-haters these days. The Wall Street Journal prints a rumor and before you know it, Autoblog has its comic balloons and “Chrysler sucks/is dead/should be dead” hat on. Chrysler shuts down its production plants for two extra weeks – not unlike Toyota – and we get a tagline that Chrysler’s in deep trouble and might not re-open the plants. The UAW refuses to take massive pay cuts “tomorrow” — which they can’t legally do anyway since the locals have to vote — and they’re being unreasonable, inflexible fatcats (despite agreeing to take a rather fuzzy and draconian deal).
Let’s all get a grip here. Cerberus is not acting like an outfit that just wants out as soon as it can get out. Chrysler is not going to fail this month. Neither is GM. Bankruptcy is not something you rush into without thought – unlike, apparently, automotive news reporting.

“- unlike, apparently, automotive news reporting”
Ha!! Good one! I’ve started to not even bother reading most internet comments, and not just on automotive related sites, either. It sometimes shocks me that these people can even figure out how to use a PC.
The typical juvenile, schoolyard bully-type dog-piling that goes on in the comments sections of these sites (including some of the “mainstream media” ones) is just revolting. Is there no such thing as thoughtful, cogent discussion anymore? Apparently not on the Internet.
I’m kind of a fan of Autoextremist.com. Different sort of “reporting there, though…
I don’t object to Autoextremist because they make it very clear that they ARE providing opinions, not news; and because at least Pete DeLorenzo has a lot of industry knowledge.