Chrysler Shutting Down All Plants
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Re: Chrysler Shutting Down All Plants
Don't get that Jeep.
Just saw Velshi on CNN and he was saying that because the parts suppliers are working on such thin margins, and because the same suppliers give parts to all 3 companies, this could start a catastrophic cascade effect.http://www.myspace.com/mjdubmusic
You can't have manslaughter without laughter.
"Son," he said without preamble, "never trust a man who doesn't drink because he's probably a self-righteous sort, a man who thinks he knows right from wrong all the time. Some of them are good men, but in the name of goodness, they cause most of the suffering in the world. They're the judges, the meddlers. And, son, never trust a man who drinks but refuses to get drunk. They're usually afraid of something deep down inside, either that they're a coward or a fool or mean and violent. You can't trust a man who's afraid of himself. But sometimes, son, you can trust a man who occasionally kneels before a toilet. The chances are that he is learning something about humility and his natural human foolishness, about how to survive himself. It's damned hard for a man to take himself too seriously when he's heaving his guts into a dirty toilet bowl." -
Re: Chrysler Shutting Down All Plants
Too late:
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Re: Chrysler Shutting Down All Plants
^
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sounds like he already bought it!
I'd love to see GM, Ford, and Chrysler all spun off into smaller companies. To have such concentrated risk in having so many employees work for these huge corps is problematic in such a tough industry. Smaller companies would ensure that if one or two go under, its not the end of the bloody world like it would be if GM closed its doors tomorrow.Comment
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Re: Chrysler Shutting Down All Plants
yes it will be. What do you think Toyota and everyone else will do to their wages once the big three go under?? They will slash them harshly. Remember their is a famous phrase here in the Motorcity area
"Union don't make unions, corporations make unions."
If the big three are set to fail then I am sure we are on our way to a systemic crisis.
Nice Jeep Toast!!Comment
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Re: Chrysler Shutting Down All Plants
yes it will be. What do you think Toyota and everyone else will do to their wages once the big three go under?? They will slash them harshly. Remember their is a famous phrase here in the Motorcity area
"Union don't make unions, corporations make unions."
If the big three are set to fail then I am sure we are on our way to a systemic crisis.
Nice Jeep Toast!!Comment
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Re: Chrysler Shutting Down All Plants
NEW YORK (CNNMoney.com) -- Chrysler LLC announced late Wednesday that it is stopping all vehicle production in the United States for at least a month.
All 30 of the carmaker's plants will close after the last shift on Friday, and employees will not be asked to return to work before Jan. 19.
Chrysler blamed the "continued lack of consumer credit for the American car buyer" for the slow-down in sales that forced the move.
The company ordinarily shuts down operations between Dec. 24 and Jan. 5. This closure would add roughly two weeks to that shutdown."pics or stfu" - R.I.P. Steve "Jibgolly" JamesComment
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Re: Chrysler Shutting Down All Plants
http://www.bloomberg.com/apps/news?p...22w&refer=home
Jaysus
Starting to rethink that new Jeep purchase. Hope there's a company around to do warranty service if anything goes wrong...
I would argue that whether they fail or not (which they won't), we are already well along in a systemic crisis already.mixes: www.waxdj.com/miroslavComment
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Re: Chrysler Shutting Down All Plants
it's like I have a sense that this will get averted somehow...maybe not completely, but it will...
...yet the historic, unexplainable collapses and ramifications are just still about waiting to happen...FM
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Re: Chrysler Shutting Down All Plants
the government already said that one way or another they will step in and save them. even if Congress doesn't, they will just do it through the Treasury's expanded powers.mixes: www.waxdj.com/miroslavComment
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Re: Chrysler Shutting Down All Plants
but it makes you wonder...giving them the minimal asking right now would potentially delay the inevitable based on the sqwaking of how much they burn through the cash...FM
"Nowadays everyone is a fucking DJ." - Jack Dangers
What record did you loose your virginity to?
"I don't like having sex with music on- I find it distracting. And if it's a mix cd- forget it. I'm stopping to check the beat mixing in between tracks." - Tom Stephan
Download/Listen To My Mixes
Facebook!
A Journey Into Sound On MCast
Satisfaction guaranteed, or double your music back.Comment
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Re: Chrysler Shutting Down All Plants
Well, they will definitely have to slim down production scope and they will probably end up merging with another auto company to survive long term.mixes: www.waxdj.com/miroslavComment
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Re: Chrysler Shutting Down All Plants
They'll be around. As ddr pointed out, they're basically just extending holiday break. Hell, we're doing the same thing and we make jets. Back during the last recession, my company did a seven-week furlough for everyone. They'll be around because they will be bailed out by the government.Comment
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Re: Chrysler Shutting Down All Plants
Lets put this propaganda into perspective...
I worked for Chrysler LLC for 3 years and finished with them in April of this year.
Chrysler comes out and says all of there plants are shutting down for 1 month... every single December every plant shuts down for 2 weeks for Christmas break.
Last year (2007) at this same time they shut down almost every plant for at least 3-6 weeks in Nov / Dec / Jan besides the 2 week Christmas holidays, some plants were shut down for almost 2 months of this 3 month period. All because they dont have the demand for the amount of vehicles these plants are producing, they have to cut back.
When these plants are going at full throttle vehicles are forced down dealership's throats. It is insane the amount of day supply that sits on dealership lots due to over production at certain times.
I think this is just a way for Chrysler to cry for some of the bail out money. The fact is they have these very technologically advanced plants that can produce at a very efficient rate when at full production. Too efficiently when basing it against the actual need for there vehicles.
People not having the ability to qualify for financing is the core of the problem today.
Cheers
EnjoyComment
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Re: Chrysler Shutting Down All Plants
^ Thanks for the post. I'm a little curious why they don't just downsize a bit and work consistently throughout the year?
Looks like they're only suspending production for a month for now... No reason to even make the news imo. Oh right, they want bailout moneysComment
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