Chrysler, Iacocca

Andonis · 06-27-2008, 12:34 PM

http://www.businessweek.com/ap/finan.../D91I0HMG4.htm

Chrysler denies bankruptcy talk, welcomes Iacocca

By DAVID N. GOODMAN
MORE FROM BUSINESSWEEK

AUBURN HILLS, Mich.

Faced with persistent speculation that it was planning to file for bankruptcy protection, Chrysler LLC on Thursday issued a statement denying the rumor and saying it has plenty of cash.

The denial came on the same day the company welcomed ex-Chairman Lee Iacocca back into its fold with a rally with employees at its Auburn Hills headquarters. The 83-year-old Iacocca said the automaker would survive its current woes, just as it did when he helped save it from bankruptcy in the early 1980s.

Tony_the_Tiger · 06-27-2008, 01:19 PM

When you are done with Chrysler, can you come over and give GM a hand.....

CJ Thunder · 06-27-2008, 01:38 PM

Quote:

Originally Posted by Tony_the_Tiger

When you are done with Chrysler, can you come over and give GM a hand.....

If he was that good of a leader he would have tought them to rely on their attributes and not his.

Sinner · 06-27-2008, 04:01 PM

WTF is a 83 year old man gonna bring to the table? Are they gonna roll him out at plant pep rallies like a mascot?

Hudson · 06-27-2008, 04:13 PM

Quote:

Originally Posted by CJ Thunder

If he was that good of a leader he would have tought them to rely on their attributes and not his.

He did. And then Daimler-Benz scared off all of his students.

sigma · 06-27-2008, 05:13 PM

Quote:

Originally Posted by Hudson

He did. And then Daimler-Benz scared off all of his students.

Bob Lutz was one of them...

CJ Thunder · 06-28-2008, 09:36 PM

Quote:

Originally Posted by Hudson

He did. And then Daimler-Benz scared off all of his students.

Well then can't wait to see what comes out of this.

A Clue · 06-30-2008, 05:57 PM

Quote:

Originally Posted by CJ Thunder

Well then can't wait to see what comes out of this.

Probably a cheap small car thats great on gas. Although, they are nowhere near as bad off as they were in the 80's. They have so many future analysts that the company(s) make moves long before anyone on any message board can speculate.

(whens the last time someone from a board speculated and was correct?)

Exactly.

jry · 06-30-2008, 06:32 PM

Old Lido is still one of my heros.

LeSabre · 07-03-2008, 02:11 AM

My hope would be for Iacocca to return to Chrysler as their CEO even for just a few years. Nardelli needs to be kicked out on his ass. I am very sure that Iacocca could turn Chrysler around again.

A Clue · 07-03-2008, 08:45 AM

Quote:

Originally Posted by LeSabre

My hope would be for Iacocca to return to Chrysler as their CEO even for just a few years. Nardelli needs to be kicked out on his ass. I am very sure that Iacocca could turn Chrysler around again.

If he is hanging around, I am sure he's doing a bit of consulting at this point. Gotta remember, they are private so they don't have to say anything.

Uzzy · 07-03-2008, 09:07 AM

Quote:

Originally Posted by A Clue

(whens the last time someone from a board speculated and was correct?)

I've been with GM, so uhhh it happens. But by the time the speculation was made, GM probably already had the descision made. And I'm not just here to toot my own horn, I'm not the only one. But with all the spculation going on, most people are wrong more often than not. And usually it's not speculation, it's more like "I think they should..." and sometimes they just do.

Back on Chrysler, I heard last night on the radio that 70% of their sales depend on light trucks...they're pretty screwed unless that changes soon.

Hudson · 07-03-2008, 10:59 AM

Quote:

Originally Posted by Uzzy

Back on Chrysler, I heard last night on the radio that 70% of their sales depend on light trucks...they're pretty screwed unless that changes soon.

Their two biggest sellers are the Ram Truck and the minivans, both classified as trucks. Add in the Jeep brand, which constitutes a large portion of the remaining sales and you're left with 200k LXs (not including the Magnums, which are "trucks"), about 200k Sebring/Avengers, Calibers (if they're even classifed as cars), and Vipers.

A Clue · 07-18-2008, 01:47 AM

VIDEO

http://youtube.com/watch?v=M3s3UVVe5Z0

Ttple · 07-18-2008, 02:44 AM

I think it's a good idea even if he's only a mascot.

06-27-2008, 12:34 PM	#1 (permalink)
Andonis 3.9 Liter V6 Join Date: Dec 2003 Location: Home is where the heart is Drives: Volvo 480 Turbo Posts: 941	Chrysler, Iacocca http://www.businessweek.com/ap/finan.../D91I0HMG4.htm Chrysler denies bankruptcy talk, welcomes Iacocca By DAVID N. GOODMAN MORE FROM BUSINESSWEEK AUBURN HILLS, Mich. Faced with persistent speculation that it was planning to file for bankruptcy protection, Chrysler LLC on Thursday issued a statement denying the rumor and saying it has plenty of cash. The denial came on the same day the company welcomed ex-Chairman Lee Iacocca back into its fold with a rally with employees at its Auburn Hills headquarters. The 83-year-old Iacocca said the automaker would survive its current woes, just as it did when he helped save it from bankruptcy in the early 1980s. __________________ Nemo regat vitam meam

06-27-2008, 01:19 PM	#2 (permalink)
Tony_the_Tiger 1.8 Liter ECOTEC Join Date: Mar 2008 Posts: 57	Re: Chrysler, Iacocca When you are done with Chrysler, can you come over and give GM a hand.....

06-27-2008, 04:01 PM	#4 (permalink)
Sinner 3.8 Liter V6 Join Date: Oct 2005 Location: Calgary, Alberta. Posts: 411	Re: Chrysler, Iacocca WTF is a 83 year old man gonna bring to the table? Are they gonna roll him out at plant pep rallies like a mascot?

06-30-2008, 06:32 PM	#9 (permalink)
jry 5.3 Liter Vortec V8 Join Date: Jun 2005 Location: michigan, the incredible shrinking state Drives: '08 Vette LT2, '06 H3, '07 Expy EL, 31' motorho Posts: 1,386	Re: Chrysler, Iacocca Old Lido is still one of my heros. __________________ '06 H3, '08 LT2 Vette, '07 Expy EL, Eddie Bauer, '96 Fleetwood 31' motorhome, '02 saturn L100 tow car. Good night and good luck.

07-03-2008, 02:11 AM	#10 (permalink)
LeSabre 4.4 Liter Supercharged Northstar Join Date: Dec 2005 Drives: 1988 Buick LeSabre(4dr) Goes by the name Katherine Posts: 2,280	Re: Chrysler, Iacocca My hope would be for Iacocca to return to Chrysler as their CEO even for just a few years. Nardelli needs to be kicked out on his ass. I am very sure that Iacocca could turn Chrysler around again. __________________ It is time for Rick Wagoner to get his ridiculously outrageous severance package & hit the door! Also take that no good Board of Directors w/you! ....& good riddance!!!

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07-18-2008, 01:47 AM	#14 (permalink)
A Clue 1.8 Liter ECOTEC Join Date: Feb 2008 Posts: 44	Re: Chrysler, Iacocca VIDEO http://youtube.com/watch?v=M3s3UVVe5Z0

07-18-2008, 02:44 AM	#15 (permalink)
Ttple 5.3 Liter Vortec V8 Join Date: Jun 2006 Posts: 1,387	Re: Chrysler, Iacocca I think it's a good idea even if he's only a mascot.

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