Chrysler shuts down all plants for one month

Full story: Hampton Roads Daily Press

Chrysler is closing all its North American manufacturing plants for at least a month, the starkest move yet taken by U.S. automakers as they anxiously await word about government loans.

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Since: Jan 08

Newport News

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#1
Dec 18, 2008
 

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See what happens when you don't buy American? It's coming back to bite us!
CorporateUnion Greed

Richmond, VA

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#2
Dec 18, 2008
 

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See what happens when Corporate and the Union drive profit margins and salaries through the roof? This problem stems from both sides insatiable greed levels. Big 3 average $73 per hour....Toyota $48 per hour....hmmmmm, wondering who's doing better and why? And don't EVEN get me started with quality and fuel economy issues. You reap what you sow.
TidewaterLiberta rian

Tappahannock, VA

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#3
Dec 18, 2008
 

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liveluvlaugh wrote:
See what happens when you don't buy American? It's coming back to bite us!
No, sorry. We aren't Kool-Aid drinkers over here.
No name

Newport News, VA

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#4
Dec 18, 2008
 
I feel if the government does bail out the automakers, the pricing of vehicles needs to be addressed. It is ridiculous that a decent vehicle costs over $20,000! The prices of SUVs are way too high also! Consumers should have not have to pay $400-$500 per month to own a vehicle! Granted I do not pay that for my vehicle, but most people around $400 per month. The auto industry has gotten too greedy! I bet it doesn't take $35,000 to make that Ford Explorer or Chevy Tahoe, etc. Like I said they need to have more affordable vehicles available to consumers!
mike

Hampton, VA

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#5
Dec 18, 2008
 

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No name wrote:
I bet it doesn't take $35,000 to make that Ford Explorer or Chevy Tahoe, etc.
It does with the outrageous wages the workers who make them get.$70+/hr to screw in a dashboard...please.
williamsburg mom

Williamsburg, VA

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#6
Dec 18, 2008
 
No name wrote:
I feel if the government does bail out the automakers, the pricing of vehicles needs to be addressed. It is ridiculous that a decent vehicle costs over $20,000! The prices of SUVs are way too high also! Consumers should have not have to pay $400-$500 per month to own a vehicle! Granted I do not pay that for my vehicle, but most people around $400 per month. The auto industry has gotten too greedy! I bet it doesn't take $35,000 to make that Ford Explorer or Chevy Tahoe, etc. Like I said they need to have more affordable vehicles available to consumers!
I agree with you... a car shouldn't cost as much as a good down payment on a house
Sevantish

Newport News, VA

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#7
Dec 18, 2008
 

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The bailout failed because the UAW rejected a plan for the big three to pay their workers the same as other car companies pay in their US factories. The UAW is a big reason the big three are in this financial crisis. The best bet is to allow the big three to enter bankruptcy to restructure their cost of wages and benefits. United Airlines went through this pain and it saved the company. Otherwise, we're going to throw billions of dollars down the toilet and have this problem again in two or three years.
Fairness

Newport News, VA

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#8
Dec 18, 2008
 

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This is all political posturing by Chrysler. The corporate equivalent of a temper tantrum...
Sevantish

Newport News, VA

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#9
Dec 18, 2008
 

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No name wrote:
I feel if the government does bail out the automakers, the pricing of vehicles needs to be addressed.
It costs what it costs. The government doesn't owe you a cheap new car. Drive used, and if you can't afford that, ride a bike. Get an education, work hard, and eventually you too can afford a new car. If you work at a dead-end job, then go home and watch TV, don't expect an increase in your standard of living.

90% of adults living in poverty in America are there by the choices they make. Immigrants taking the initiative to come to this country seldom stay in poverty for long.
Agree

Hampton, VA

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#10
Dec 18, 2008
 
Folks, he is right!
CorporateUnion Greed wrote:
See what happens when Corporate and the Union drive profit margins and salaries through the roof? This problem stems from both sides insatiable greed levels. Big 3 average $73 per hour....Toyota $48 per hour....hmmmmm, wondering who's doing better and why? And don't EVEN get me started with quality and fuel economy issues. You reap what you sow.
hampton curmudgeon

Hampton, VA

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#11
Dec 18, 2008
 
Yeah, yeah, yeah, but at the end of the day, this is really bad.

Out of the box it is an 8.5%(1/12) salary reduction for several hundred thousand Chrysler employees, with a potentially equivalent impact on hundreds of thousands of supplier employees as well.
Secondly, it reflects directly on the overall state of our economy. From real estate, to stocks, to unemployment levels, all indicators are morbid.
hip

Hampton, VA

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#12
Dec 18, 2008
 

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well with there contract the workers still get paid 95% of there wages weather they work or not.....does anyone want to pay me 95% of my paycheck to sit at home???i'll gladly do that.....not many employers pay 95% to sit home ....the UAW gets no sympathy from me.....
get your facts right

Pittsburgh, PA

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#14
Dec 18, 2008
 

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hip wrote:
well with there contract the workers still get paid 95% of there wages weather they work or not.....does anyone want to pay me 95% of my paycheck to sit at home???i'll gladly do that.....not many employers pay 95% to sit home ....the UAW gets no sympathy from me.....
Your talking bulls**t..........do you know how stupid you are?..
Walther

Newport News, VA

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#15
Dec 18, 2008
 

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Hold it, "get your facts right",,what do you mean bull___t? Hip is right on the money. The UAW workers whom are working for Chrysler will get 95% of their pay and benefits during the shutdown. That's a fact buddy. The UAW agreements are why a nicely equipped truck costs nearly $40K! The Japanese price their vehicles to match the prices of the Big 3. Result - the Japanese make lots and lot of money on their sales because their labor costs are 50% of the Big 3 labor costs. Do you know how stupid the UAW agreements are? Do you know how stupid unions are? The unions have killed the Big 3. They have resulted in more lost and relocated jobs than all of the free trade agreements in the world buddy. That's the facts.
Sarah Palin

Virginia Beach, VA

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#16
Dec 18, 2008
 
Is Mexico in North America?
CorporateUnion Greed

Richmond, VA

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#17
Dec 18, 2008
 
GHT wrote:
<quoted text>what profit margin? They're in the hole due to bad management
You aren't making money when you aren't moving your product because it's so overpriced with huge overhead considerations. Re-tool your business plans and restructure contracts. Doing so will force the Japanese automakers to lower their prices as well and their profit margins. And while we're at it, someone may need to consider the option of shoving NAFTA up Clinton's @$$, that was the start of the end....of course you would realize that if you had been paying attention. The writing was on the wall 15 years ago. Now the devil is here to collect his due...I can hardly contain my excitement in the anticipation of all of the CHANGE we have coming. Someone said it earlier, it's going to be a loooooong bumpy ride and take YEARS to undo this mess. I've never been so happy to be debt free....except for my mortgage and <<GASP>>, I bought only what I could afford! There's a new and novel idea!
This is so much bigger than Jap vs US and union vs corporate, it's steeped in greed and mismanagement.
One thing is for certain this economy can not afford to have so many folks put out on the street. you think it's bad now....watch what happens in that scenario.
Judy

Kingsport, TN

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#18
Dec 18, 2008
 
hampton curmudgeon wrote:
Yeah, yeah, yeah, but at the end of the day, this is really bad.
Out of the box it is an 8.5%(1/12) salary reduction for several hundred thousand Chrysler employees, with a potentially equivalent impact on hundreds of thousands of supplier employees as well.
Secondly, it reflects directly on the overall state of our economy. From real estate, to stocks, to unemployment levels, all indicators are morbid.
Most of the supplier employees have already taken a pay cut.
uglo

Yorktown, VA

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#19
Dec 18, 2008
 
All you automaker employees - join the crowd of laid off people whose employers did not get a "taxpayer" paid bailout. Weep and moan because you might lose your job. I just don't see why automakers are more important than other employers. The government should not bail out anyone. I don't believe I, as a taxpayer, approved of those tactics; oh, but of course, the government doesn't ask us.

“That's cool, man.”

Since: Jul 08

Hampton, VA

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#20
Dec 18, 2008
 

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Sevantish wrote:
The bailout failed because the UAW rejected a plan for the big three to pay their workers the same as other car companies pay in their US factories. The UAW is a big reason the big three are in this financial crisis. The best bet is to allow the big three to enter bankruptcy to restructure their cost of wages and benefits. United Airlines went through this pain and it saved the company. Otherwise, we're going to throw billions of dollars down the toilet and have this problem again in two or three years.
Sure, sure, sure. That's what this is all about, anyho9w. "Let's Find A Way T Bust The Freaking Union", regardless of who gets hurt. After all, you all know that unions are the reason for every evil known to man, since they tend to interfere with that no-holds barred capitalism that so many profess to believe in.

Here's one for you all... if the cost of healthcare in this country hadn't gotten so out of hand, our automakers and other major industries would have no trouble whatsoever outperforming many of their foreign counterparts in the world marketplace. I guess that's the union's fault, too.
Mary

Virginia Beach, VA

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#21
Dec 18, 2008
 

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liveluvlaugh wrote:
See what happens when you don't buy American? It's coming back to bite us!
That's not the problem. The problem is the Unions & the pay rates & benefits & govt regulations that make the cost of our cars too high. But that aside, there are "foreign" cars being built in the country by profitable car companies. And these companies are building better cars.

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