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Ties to Chrysler drag down Daimler

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Old 02-10-2008 | 07:03 PM
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Default Ties to Chrysler drag down Daimler

Dargh! The stench of hypocrisy is nauseating. A bunch of fat cats decide to cash in on the slaughtering of a cash cow in the name of selling Chrysler in the late 90's to Daimler (shame on these owners who sold what the American tax payers saved in the 80's). And then these DULLARDS, mis-manage a once profitable and vibrant company into big losses and infuse its corporate culture with an anemia and energy draining anti-synergy 'til it was no longer attractive or profitable, THEN, THEN some braintrust at

http://www.freep.com/apps/pbcs.dll/a...802100568/1014

come up with the brilliant claptrap and mindless boondogling tripe headline "Ties to Chrysler drag down Daimler"

OH, here's a thought (and hears a thought, quite a clever one to boot)....so management sux SO MUCH at DAIMLER that they make Chrysler out to be the Pariah of their existence and the selling off to be the Panacea, and after they do this, for a short term, they get a little bubble in the market on their symbol, then when their genius precipitates more problems, soime visionary blames Chrysler? Blames Chrysler? That's RICH! Give me another 1 liter 425 hp engine that does 0-60 in 3.9. Low expectation of the press, low disappointment.

Ties to Chrysler drag down Daimler

February 10, 2008

When the automaker now known as Daimler AG gave the boot to its majority ownership in Chrysler in August, it gave a boost to shares of the German company. The shares actually started climbing six months earlier after DaimlerChrysler Chairman Dieter Zetsche surprised the auto world by saying he would not rule out the sale of Chrysler.

But that was then. Since Oct. 25, a few weeks after changing the name from DaimlerChrysler, Daimler shares have declined. Shares in Daimler, hurt by an unfavorable dollar exchange, sluggish luxury sales and, yes, its remaining 20% portion of Chrysler, are now only marginally ahead of where they were before Zetsche made his comments.

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He said

"You have to make some sacrifices. When I left Toyota I had to leave my Prius and this is what I'm driving now," said Jim Press, former Toyota executive and now Chrysler president, in front of a Dodge Challenger at the Chicago Auto Show.
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Old 02-12-2008 | 02:55 PM
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Default RE: Ties to Chrysler drag down Daimler

too bad they seem to have forgotten the several BILLION dollars in cash that Chrysler had in the bank before Daimler came to town...
Old 02-18-2008 | 03:32 PM
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Default RE: Ties to Chrysler drag down Daimler

The sooner these arrogant Germans learn that they are running their company about as good as the German economy was before Satan got into power during the 30s, the sooner they will stop blaming Chrysler for their problems. I get very sick of the press bashing Chrysler for what is essentially MB's fault. When the divorce "made-in-heaven", took place last year I just about thrown my Gateway out of the window when they said that Chrysler's interior quality was making MB look bad. Most of Chrysler's interior was good when they had Lutz in charge, it wasn't until they gained access to MB's parts bins that the quality started going down to its current level. Dieter is an overrated fool. Any half brained, moron could run their company better than they can. The Europeans as a whole are not doing well in the car market anyways.
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