Chrysler reports $515 million loss

Providing a rare look at its financial results, Chrysler Holding LLC, parent of automaker Chrysler LLC and Chrysler Financial, said it had a first-quarter net loss of about $515 million. Full Story
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Davey Dog

AOL

#50 Aug 6, 2008
Nother Net Loss eh wrote:
<quoted text>
Management without a clue, a rudderless ship pumping out lame product consisting of inferior components
Chrysler is in trouble because of lack of foresight and planning, period. The workers, both white and blue collar, are in trouble because they were overpaid and those micromanaged jobs are going away. They've been overpaid for years and had to figure sooner or later the well was going to run dry. The Detroit 3 doesn't need to ship work outside of the US to cut wages by 33 percent; they just need to get out of the clutches of the UAW.

Again, please don't insult the members of the military by even remotely comparing them to auto industry employees, especially in this day and age. With the risks they could possibly have to take they deserve everything they get. I don't want a 55 year old out dodging bullets in Iraq but a 55 year old putting molding on a car doesn't seem to bother me, funny how that is.
twin cities tripper

Saint Paul, MN

#51 Aug 6, 2008
NO bailout for them this time! Whats-his-name cried before the feds for more $$$ last time.

It's a big world now. & a car is the worst purchase a person can make. Buy them used and cheap. Like Howard Hughes did.

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