Trinitymaster

Could It Be a Happy New Year for Chrysler?

The car companies need to make big vehicles that get the same mileage as smaller cars.
It can be done. Whichever one of the big three brings out an SUV that gets 35 miles/gallon, and costs less than $25,000- will dominate the market.

BTW- it costs about the same amount to produce a large vehicle as it does a small vehicle.

P.S.: People are truly misinformed when they say that Legacy Costs are the root of Detroit's problems.

Despite Everything, Capitalism Is Alive and Well

First of all:

The Stock Market is not an example of Capitalism at work.
Free Market Capitalism is about as real as the tooth fairy, and it's true location is Never-Never Land.

Second:
Ford's CEO receives (not earns) roughly $28 million/year.

Typical Assembly-line worker: $80,000/year (lots and lots of overtime figured in here).

CEO loses billions each year. Assembly-line worker produces $800,000.00 worth of product.

Now, tell me how the worker is the problem

Third:
The Author looks like a KGB Agent. Thank God he doesn't know how to find me.

Auto Industry: Can We Get a 'Twofer'?

No one here gets the big picture. . .The Government is going to give Gm and Chrysler the money, appoint a Car Czar, and then force the companies to declare bankruptcy. There Billions to be made from breaking the UAW contract. Also, 100's of billions will be made from liquidating Chrysler and GM's assets. Ford, the smart one of the three, will be the only American car company left standing. The middle class is one step closer to extinction.