Old Mar 31, 2009 | 02:18 PM
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BlazingSaddle
Joined: Nov 2008
Posts: 230
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Talking Re: "U.S. says GM and Chrysler are not viable"

What a great forum we have here. I'm constantly and, pleasantly, surprised at the wealth of information and intelligence on this board. Thank you all.

With regard to Wagner, I can't say I know too much about the guy. The reality, however, is that the administration is sensing increasing public displeasure at lending more money to companies. So, whatever they or anyone else might say, the decision to give Wagner the boot was mostly political. The administration had to do it if they were going to offer more of our money to GM or Chrysler.

With regard to letting GM and Chrysler take the bankruptcy route, I think that would be better for the country. It will be painful for hundreds of thousands for many years, perhaps even for an entire generation, but the two companies need to shed some of their financial and other legacies. They need to be reborn.

Reborn? Consider why we all love our Crossfires so much. It's not because it is a Chrysler. If we must attach a name to it, it is because it is a Mercedes under it's Chrysler skin. It drives the way it does because of its Mercedes pedigree. American cars are in need of some rebirths.

Having said that, I'm concerned that my XF will lose its warranty if Chrysler goes bankrupt. In that case, I'll be here more often to get more info about fixing various problems...
 
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