2muchcoffeeman
Well-Known Member
Looking more and more like it's dead. (Although, to be honest, they've been dead to me for a long time. This is the logical follow-through to the fact that every Chrysler product I've ever owned has suffered repeated A/C failures and one suffered a suspension failure when a seemingly-otherwise-nominal solid steel part snapped in half.)
<blockquote>DETROIT – Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it probably won't survive the year as an independent company — despite $4 billion in government loans and the possibility of more.
Things were so bad last year that a single Toyota model, the Camry/Solara midsize car, outsold the entire fleet of Chrysler LLC's passenger cars.
"Basically they're done," said Aaron Bragman, an auto analyst with the consulting company IHS Global Insight in Troy, Mich. "There is no real possibility of turning this thing around as an independent company in my opinion."
Chrysler will not comment on speculation about its future, spokeswoman Shawn Morgan said Wednesday.
"We are completely focused on our plans to ensure the future viability of our company," she said.
U.S. sales of Chrysler, Dodge and Jeep brand vehicles fell 30 percent last year, the worst decline of any major automaker. It lost more market share than any of its peers, down to 11 percent. Analysts say most of Chrysler's products, especially its cars, don't look, feel or drive as well as the competition's.</blockquote>http://news.yahoo.com/s/ap/20090108/ap_on_bi_ge/autos_chrysler_5
<blockquote>DETROIT – Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it probably won't survive the year as an independent company — despite $4 billion in government loans and the possibility of more.
Things were so bad last year that a single Toyota model, the Camry/Solara midsize car, outsold the entire fleet of Chrysler LLC's passenger cars.
"Basically they're done," said Aaron Bragman, an auto analyst with the consulting company IHS Global Insight in Troy, Mich. "There is no real possibility of turning this thing around as an independent company in my opinion."
Chrysler will not comment on speculation about its future, spokeswoman Shawn Morgan said Wednesday.
"We are completely focused on our plans to ensure the future viability of our company," she said.
U.S. sales of Chrysler, Dodge and Jeep brand vehicles fell 30 percent last year, the worst decline of any major automaker. It lost more market share than any of its peers, down to 11 percent. Analysts say most of Chrysler's products, especially its cars, don't look, feel or drive as well as the competition's.</blockquote>http://news.yahoo.com/s/ap/20090108/ap_on_bi_ge/autos_chrysler_5