Waiting and watching at Chrysler

The prospect of the end of Chrysler-as-we-know-it has our community on edge.

For every scenario that the media and others have speculated and pontificated about over the past few weeks, there are as many different reactions posted on our Web site.

And considering the range of possibilities ranges from a sale or a breakup to bankruptcy or outright failure, a lot of comments are angry, especially those from current Chrysler employees.

“All you people who own … a foreign brand car, thanks for sending our country down the tubes,” says real car guy, one of the most outspoken. “I blame every last one of you who have deserted American companies.”

Jona, a 20-year Chrysler worker, echoes that but also notes that manufacturing workers support “restaurants, doctors’ offices, insurance agencies, hotel, bookstores.” She concludes: “As we go, so shall all of you.”

Heubi asks “Does anybody really believe that even if 50% of the jobs are saved in the short term, that GM won’t cut those positions in the mid and long term?”

Frank encourages General Motors and Chrysler to relax and wait for the markets to stabilize. “GM is reacting just to keep the ship floating and Chrysler execs seem to have had this all planned since the day they took over,” he says.

skeptic calls the situation no less than a war between Middle America and Wall Street. He makes three points: Wall Street’s Cerberus “is using its controlling interest in GMAC to pressure GM” into a shotgun marriage with Cerberus-majority-owned Chrysler so Cerberus can get out of the auto business. He also blames “Wall Street profiteers” for the spike in gasoline prices and then the credit crunch.

UH2L doesn’t see a conspiracy, but notes that Cerberus-Chrysler “proves the outside experts oversimplified matters by saying the Big Three didn’t know what they were doing. The auto industry is more difficult than it seems.”

COO@Tier1 says Chrysler had become a foreign brand under Daimler. “It hurts to be rebuked by the American public, but before you start blaming America, look inward: at inefficiency, poor management, arrogance and yes, inferior products.”

So, who’s right? What’s your opinion?


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