Fiat also has cash worries

Fiat also has cash worries

There are 18 comments on the www.freep.com story from Apr 8, 2009, titled Fiat also has cash worries. In it, www.freep.com reports that:

Chrysler LLC was initially the partner in need, but with an April 30 deadline looming to reach a deal with Fiat SpA, the Italian automaker's deteriorating financial condition is raising questions about just how much cash the proposed partners together need to succeed.

Join the discussion below, or Read more at www.freep.com.

Retired

United States

#1 Apr 8, 2009
Chrysler needs to remain a stand alone company.

Their needs to be a CEO put in that KNOWS the car industry and has Chryslers best interest first and foremost.

Daimler gutted Chrysler and I think Fiat will be the final death blow to Chrysler.

Since: Nov 08

Whitehouse, OH

#2 Apr 8, 2009
Retired wrote:
Chrysler needs to remain a stand alone company.
Their needs to be a CEO put in that KNOWS the car industry and has Chryslers best interest first and foremost.
Daimler gutted Chrysler and I think Fiat will be the final death blow to Chrysler.
I agree with you. Chrysler needs to be a stand alone company. Daimler raped Chrysler, and so will Fiat. Fiat,s, motive is to get a foothold in the American market. Once they have this, they will probably sell Chrysler off, piece, by piece.

Since: Apr 09

United States

#3 Apr 8, 2009
it is unfortunate that Obama feels the need to dictate how the big three conduct business, but if his people are telling him that the Fiat deal must go through, then guess what? we really have nothing to say about it, the UAW, if we want the cash to stay afloat. sad truth
JNAP

AOL

#4 Apr 8, 2009
Fiat does not have any plants in the US, so I don't think they will sell-off Chrysler. However, they will probably become the sole owners.
go bye-bye

Tallahassee, FL

#5 Apr 8, 2009
Chrysler sucks! There employers have such nasty attitudes it is sad that they are the reason why Chrysler is going to die. If you need help they have very bad attitudes and not willing to help in anyway, and this is from the manager down to the simple rep. God has his hand in this and everything done in the dark comes to the light. Chrysler has been a nasty company to deal with before Daimler. Anyone that you ask about Chrysler will tell you that Chrysler is a nasty company to deal with. Word of mouth is the best advertisement. I had one vehicle from Chrysler with a 60 month loan. I paid off the loan in 24months due to I did not want to deal with them period!
eric

Marshfield, WI

#6 Apr 8, 2009
Chrysler needs to bring in someone from a successful car company,like a top exec.at Honda or Toyota or a Carlos Goshen type.Someone who knows business,car market and to be independent as to not have to answer to the government or forced to sell these global warming small piles that are unsafe and the size of a glove box.
Chrysler needs to do what they do best,nice quality cars like the 300 and nice SUV like JGC,but,develop a nicer engine (like the new 3.6 coming in 2011,where gas milage will be up 11% 16c 24 highway)
NorthSouth

United States

#7 Apr 8, 2009
go bye-bye wrote:
Chrysler sucks! There employers have such nasty attitudes it is sad that they are the reason why Chrysler is going to die. If you need help they have very bad attitudes and not willing to help in anyway, and this is from the manager down to the simple rep. God has his hand in this and everything done in the dark comes to the light. Chrysler has been a nasty company to deal with before Daimler. Anyone that you ask about Chrysler will tell you that Chrysler is a nasty company to deal with. Word of mouth is the best advertisement. I had one vehicle from Chrysler with a 60 month loan. I paid off the loan in 24months due to I did not want to deal with them period!
Please go back to the 3rd grade and learn spelling and punctuation. You are in no position to have a meaningful opinion when you can't even communicate on an adult level.
TiredofTheignora ntTruth

Windfall, IN

#8 Apr 9, 2009
NorthSouth wrote:
<quoted text>
Please go back to the 3rd grade and learn spelling and punctuation. You are in no position to have a meaningful opinion when you can't even communicate on an adult level.
After reading your posts what does it matter? Anyone who has something negative, no matter how true it is you call them a troll. Maybe you should go back to college and get a marketable job skill. Then you wouldn't be crying all the time!
here for good

Rockford, IL

#10 Apr 9, 2009
My question is IF chrysler files bankruptcy will fiat with their own money problems even bid on any of chrysler or will they just go back home and forget about it
Retired

Saint Louis, MO

#11 Apr 10, 2009
http://www.bloomberg.com/apps/news...

Fiat has been idling about half of its 78,000 workforce in Italy through temporary state-subsidized layoff programs. Sales at the Italian carmaker, which is poised to take a stake in Chrysler LLC, fell 16 percent in Italy in the first quarter, data from carmaker association ANFIA show.

__________

So tell me WHY Obama is FORCING Chrysler to "merge" with Fiat.
Retired

Saint Louis, MO

#12 Apr 10, 2009
http://www.bloomberg.com/apps/news...

Fiat has been idling about half of its 78,000 workforce in Italy through temporary state-subsidized layoff programs. Sales at the Italian carmaker, which is poised to take a stake in Chrysler LLC, fell 16 percent in Italy in the first quarter, data from carmaker association ANFIA show.

__________

SO WHY is Obama FORCING Chrysler to "merge" with Fiat?
Al VA

Upper Marlboro, MD

#13 Apr 10, 2009
The problem is that almost all people in the USA hate to buy a (new) car just as much as going to the dentist to have their teeth pulled. There are very few honest/good car sales people (in all my years in the USA -- since 1992 -- I met only one good such person (Richard O'Brien) at Brown's Lincoln Mercury in Fairfax, VA).
I myself am definitely a car guy who has over the years built up a select collection with Ferraris, FIATs, Alfas and Lancias. Yes I am an Italian car guy. Then I have 2 daily drivers, one is a Honda Civic Si (perfect car) and a Nissan Maxima. The Honda never has issues, the Nissan many in the form of recalls. Nissan is a shitty organization (incl. dealers) in the USA.
My old cars are a joy. Among the old cars is a perfect FIAT 500 (1971) that I drive almost daily (56 miles to the gallon on average). Todays FIATs are superb (500, Grande Punto and Multipla) and run -- in the bipower versions -- on natural gas without problems for hundreds of thousands of miles (according to my Dutch and Italian friends who own them).
I cannot wait any longer to see the new 500 come to the USA and I will buy 2, one for my son and one to replace the Civic Si ! Whether FIAT will help Chrysler on the short term? I doubt it ! On the longer term ? Yes (most likely)!
Honest

Canada

#14 Apr 10, 2009
Retired wrote:
http://www.bloomberg.com/apps/ news?pid=newsarchive&sid=a f.hML0AT5r0
Fiat has been idling about half of its 78,000 workforce in Italy through temporary state-subsidized layoff programs. Sales at the Italian carmaker, which is poised to take a stake in Chrysler LLC, fell 16 percent in Italy in the first quarter, data from carmaker association ANFIA show.
__________
SO WHY is Obama FORCING Chrysler to "merge" with Fiat?
It's a global crisis with all companies experiencing huge sales drops. If Fiat is only down 16% in the first quarter then they're ahead of the game.

Reduced sales globally are causing all the companies to burn through cash reserves.
king5

Capac, MI

#15 Apr 10, 2009
go bye-bye wrote:
Chrysler sucks! There employers have such nasty attitudes it is sad that they are the reason why Chrysler is going to die. If you need help they have very bad attitudes and not willing to help in anyway, and this is from the manager down to the simple rep. God has his hand in this and everything done in the dark comes to the light. Chrysler has been a nasty company to deal with before Daimler. Anyone that you ask about Chrysler will tell you that Chrysler is a nasty company to deal with. Word of mouth is the best advertisement. I had one vehicle from Chrysler with a 60 month loan. I paid off the loan in 24months due to I did not want to deal with them period!
hey man why don't you shut up you punk mouth. You have no clue what you talking about
bobby

Rockford, IL

#16 Apr 10, 2009
SO WHY is Obama FORCING Chrysler to "merge" with Fiat?
Because he is a retard!
paul shykora arts

Calgary, Canada

#17 Apr 14, 2009
Retired wrote:
Chrysler needs to remain a stand alone company.
Their needs to be a CEO put in that KNOWS the car industry and has Chryslers best interest first and foremost.
Daimler gutted Chrysler and I think Fiat will be the final death blow to Chrysler.
...MOST SAD...''tears'',double....agre e,here.....eh...
paul shykora arts

Calgary, Canada

#18 Apr 14, 2009
NorthSouth wrote:
<quoted text>
Please go back to the 3rd grade and learn spelling and punctuation. You are in no position to have a meaningful opinion when you can't even communicate on an adult level.
..VHAT!???...Did yous' say ,here....eh....The hillbilly farmboy has spoken...now most ...yodeling....eh...
USA

Marengo, IA

#19 Apr 14, 2009
bobby wrote:
SO WHY is Obama FORCING Chrysler to "merge" with Fiat?
Because he is a retard!
Obama is not forcing a merger with "Fiat". He doesn't think Chrysler will make it as a stand alone Co. It just so happened that Fiat's on the platter, could have been any car co.

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