08.20.2008 8:09 am
Chrysler execs digging in for the long haul, report says
St. Louis Post-Dispatch
There has been much speculation on Wall Street that Cerberus Capital Management is planning to break up Chrysler and sell off the automaker’s most popular brands.
But an article in the New York Times makes the argument that it looks like Cerberus is going to give its management team time to get Chrysler going in the right direction.
The article points out that Chrysler sales chief Jim Press recently bought a home near Detroit and moved his family there from New York. And that CEO Bob Nardelli also is looking for a house in the area after living out of a hotel f0r a year.
The article also points to Nardelli spending time teaching leadership courses to Chrysler’s top 300 officials as a sign that he isn’t planning on jumping ship.
Maybe Chrysler should fade out. I’ve been a Chrysler customer for over 22 years, but I’m not happy with the way the corporation treated me over some issues with my wife’s car. Not only that, but all their new models look like they were designed by the same person who came up with the World War 2 German helmet.
I’ve owned many Chrysler products and have been happy with them. The best car I have ever owned was a 1995 Intrepid ES, a comfortable, efficient, fast, stylish, fun “performance” sedan. I drove it 125,000 miles and only changed the oil and put gas in it. However, Chrysler seems to have lost it’s way somewhere along the line. It has (had) a stunner of a car, the Chrysler 300M and why they don’t promote and improve this car is beyond me. Is there a better looking American car on the road today? Unfortunately, I think the end is near for the company. Too bad.
I hope they get with it and start producing some fuel-efficient models that are not just cheap junk like the Neon. The 300 may be a pretty sedan, and it may have power and good driving feel, but its fuel-efficiency stinks because it is a heavy, boxy car. When they get anywhere near the dependability of the Japanese automakers and the fuel-efficiency of those same automakers, then I might consider them. I hope, for the sake of the thousands of workers at their plants, that they get it in gear.
I worked at Chrysler for 13 years; I will never buy from them again. They build crap with crappy parts. They don’t care about quality, just numbers. Their customer service even treated me like crap when I had problems with our Durango. No more government bailouts for them. They had their chance and they blew it.
mvd- why are you so disgruntled with a company that gave you a good wage and bennies for 13 yrs. You stated did work there,,,Did you take the buy-out and now wish you had not???I can’t understand why someone would do what you are doing, posting negative blogs about a company that took good care of them…joe
ps i do agree more should be done to impove quality. Management makes the decision on which units go out the door for shipment.