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Old 12-06-2007, 02:42 PM
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RLSH700
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Default RE: Huge Losses @ Chrysler 07


ORIGINAL: RoswellGrey

This is why it may be wise to wait well into the 2009 calendar year or even 2010 before buying a Challenger. With what's basically an investment group owning Chrysler, there's no telling how much in losses it's willing to take before taking some extreme action, like breaking up the company and selling off the pieces. I'd really hate to get stuck with a $30,000+ car that has no company -- or parts supply -- behind it.
I don't think we have to worry about that. I think that if the Challenger proves itself to be profitable they will not want to destroy the parts that support it. If Cereberus was planning on dismantling Chrysler, they would have done it already. They have been doing a lot of investing in Chrysler lately which is the opposite of what you would do if you were planning on dismantling it.
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