Chrysler awaits ruling as GM bankruptcy looms

Discussion in 'The Coffee Shop ~ Chit Chat' started by ChevyFan, May 29, 2009.

  1. ChevyFan

    ChevyFan The Sheriff Staff Member 5+ Years 5000 Posts

    It could be decision day Friday for a judge trying to determine whether it's in the best interests of Chrysler and its stakeholders to sell most of the company to Italy's Fiat Group SpA.

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  2. TRPLXL2

    TRPLXL2 Epic Member 5+ Years 1000 Posts Platinum Contributor

    I'm sorry but that is so dirty on Fiat's part, they drug there feet before when Chrysler still had a chance and they did nothing. All they did was wait for the inevitable to happen, and now they are going to buy them up for a song and a dance. The sad thing is they are probably going to split up and sell pieces and parts of the company, and keep very little U.S. jobs and send the rest over seas for there profit.

    This is probably what will happen with GM, everyone will watch them fail. And then a foreign automaker will swoop in and buy the company for pennies on the dollar, and send it all over seas and leave the U.S. with a struggling Ford company standing by itself in Detroit's skyline.
     

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