The future of Chrysler

October 22, 2008
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The latest unnamed source to discuss the future of Chrysler raises the possibility of the company being sold off in pieces.

This, after it became public that General Motors is interested in Chrysler to snag desperately needed cash. Nissan and its partner Renault are talking with Chrysler, too.

Chrysler is gradually pulling out of Indiana. The Indianapolis foundry is gone, and another company took over its longtime plant in New Castle, where the high school still bears the automakerâ??s name.

That pretty much leaves the transmission plants in Kokomo. And the dealers.

Aside from the iconic Jeep brand, is there anything within Chrysler thatâ??s worth salvaging? Anything that other car companies donâ??t do better?
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  • Well, the base - Dodge - and the high end; I've personally always preferred the Chrysler New Yorker and related to the comparable Cadillac or Lincoln models. What I'd like to see is AM general take back the Jeep line, although the AMC versions used the Chrysler automatic... I do note that when Chrysler took over, they standardized the in-line six at 4.0 liter; AMC made the same CAST IRON ENGINE in two different strokes - 3.8 and 4.2; and you STILL can't kill a cast iron engine!
  • The Chrysler New Yorker has been dead for years.......and AMC has ceased to exist for a few decades now.........the market is over saturated with make and models. The Chrysler 300 and the minivans have been the only things aside from Jeep that have had any sales success this decade.....
  • Outside of the Jeep brand the only thing they have that's currently worth anything (from a business perspective) is the minivan line. One could argue Toyota or Honda actually execute better, but they still do very well in that segment.

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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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