Comments on: Chrysler: Taking Taxpayer Money and Running Away From Cleaner Cars

By: cardude

cardude — Sat, 01 May 2010 18:23:03 +0000

This is not at all surprising. They don’t care about the environment. They just want money.

By: Trust me, I'm from Chrysler

Trust me, I'm from Chrysler — Sat, 14 Nov 2009 15:24:41 +0000

Why would anyone buy a Chrysler? They cheated their bondholders,cheated their dealers and cheated their suppliers. They protected the union and management that caused the bankruptcy. The next time they go bankrupt they will have the opportunity to cheat their cukstomers out of their warranty. World famous for the worst vehicle quality they will not last two years. That is why Fiat did not put any money in the business.

By: Doug

Doug — Thu, 12 Nov 2009 22:40:39 +0000

I’m happy that the comments are at least telling the truth since the media is still clueless.

I’d rather buy a 40+ mpg Chrysler badged Fiat for $25K instead of a $40K Chevy Volt. We’ll see who sells more.

By: pgcooldad

pgcooldad — Thu, 12 Nov 2009 11:35:39 +0000

Wrong, wrong, wrong.

The current owners of Chrysler were not the ones who “trotted-out alt power vehicles to secure some $12.5 billion (plus) in federal bailout bucks” That dubious distinction belongs to Cerberus, who got the boot when the government sought Fiat as a partner.

Below one can clearly see that the government courted Chrysler’s current owners/managers, Fiat, for the tie-up.

We did not believe we could underwrite its viability without a strong corporate partner, so we turned our attention to that single possibility, an overture from Fiat.

After about an hour, the President asked for any final comments and then said, “I’ve decided. I’m prepared to support Chrysler if we can get the Fiat alliance done on terms that make sense to us.” And we were thrilled when the President said, “I want you to be tough, and I want you to be commercial.”

http://money.cnn.com/2009/10/21/autos/auto_bailout_rattner.fortune/index.htm?postversion=2009102104

Fiat never ever promised any electric, hybrid, or alike vehicles and the government knew about it.

Fiat also brought its advanced products to the table — small, stylish cars and fuel-sipping engines, Rattner wrote.

If anything, the taxpayers should be happy to see a management team at Chrysler telling the truth and not pumping a profit-killing program that will not help it pay the government back. They need to concentrate on the core and if feasible work on the fluff.
The current Corporation is NOT the old “Cerberus Owned” one.
The current corporation is a 20% Fiat Owned and Managed Company.
The current corporation never lied to congress.

By: Cindy Posey

Cindy Posey — Thu, 12 Nov 2009 05:23:53 +0000

So the NY Times said that Lachlan Seward runs the DOE car money and that he worked with and for Chrysler in their last bailout and that he isn’t giving out the car money.. except to Chrysler, his buddies.. Looking for a private sector job it looks like.

By: Travis

Travis — Wed, 11 Nov 2009 21:05:36 +0000

This article is not only misleading it is wrong. The vehicle does not have to be electric to be clean and efficient. They abandoned the program to go with a more viable option. Hybrid electric cars are a nitch market. Chrysler isnt interested in selling to .02% of the buying population. They want to sell to the majority. Chrysler already has ULEV vehicles on the road. And with fiat technology (some of the best diesel technology in the world) they will have clean fuel effecient AFFORDABLE vehicles. If you think you Diesel, what does that have to do with clean cars? Look at the VW TDI Jetta as an example it is Ultra Low Emmission Clean Diesel that gets better fuel economy, power, and style than the Prius. Fiat is also going to utilize forced induction technology that will make better power without losing fuel economy.

So before you say they took the money and run realize they ditched the electric pipe dream and went with a REAL viable option.