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_Richard_

04-23-2009 01:22 PM

Chrysler Reportedly Files for Bankruptcy..

Quote:

DETROIT (Reuters) - The Treasury is preparing a Chapter 11 bankruptcy filing for Chrysler LLC that could come as soon as next week, The New York Times reported on Thursday, citing people with direct knowledge of the matter.

The Treasury has an agreement in principle with the United Auto Workers union to protect pensions and retiree health care benefits as a condition of the bankruptcy filing, the paper said.

Italy's Fiat would finalize its alliance with Chrysler while the U.S. automaker is under bankruptcy protection, the paper reported.

http://ca.news.yahoo.com/s/reuters/0...ysler_treasury

ouch.

D Ghost

04-23-2009 01:22 PM

and there it is....

SleazyDream

04-23-2009 01:26 PM

keep healthcare and pensions in place as a condition of bankrupsy filing???

another case of the shareholders getting FUCKED by the people who run a corp

Nikki_Licks

04-23-2009 01:27 PM

They should have many years ago. Their automobiles suck ass.

GetSCORECash

04-23-2009 01:30 PM

That's terrible, I was going to take my car into the shop today. Hopefully the dealer will still honor my free change of oil coupons.

SBJ	04-23-2009 01:30 PM

Quote:

Originally Posted by Nikki_Licks (Post 15781521)

They should have many years ago. Their automobiles suck ass.

well I did like the Chrysler 300M with the Hemi but ya other then that I've never liked their cars

Ozarkz

04-23-2009 01:32 PM

Too bad they wouldn't cut their prices in half for a blow out sale.

Nikki_Licks

04-23-2009 01:32 PM

Quote:

Originally Posted by Silent Bob Jedi (Post 15781542)

well I did like the Chrysler 300M with the Hemi but ya other then that I've never liked their cars

I would have to agree with you on that one. That car had nice lines and HP.

_Richard_

04-23-2009 01:41 PM

interesting that fiat merger is still going ahead

notime

04-23-2009 01:49 PM

Quote:

Originally Posted by SleazyDream (Post 15781516)

another case of the shareholders getting FUCKED by the people who run a corp

Always the same shit around the world. A handfull of greedy fucks messing around with things they don't even own, thriving on bonus deals that are paid with public money, for bad decisions made by grabbers&scrapers :disgust

AGS-17

04-23-2009 03:16 PM

good bye Chrys :(

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