And… as the end of the working day today, Chrysler is no longer in the business of manufacturing automobiles.
They’re supposed to get back going with that in a month — but who wants to place any bets?
Fire sale time. Someone will buy Jeep, the rest will perish on the vine, and we’ll all pay the pensions. Canada will make a company to produce minivans. The Town and Country Eh will be available by 2010.
Ford will survive. Will sell Volvo, which someone wants for some reason. They’ll make a redesigned 240 diesel station wagons with rear spoilers, it’ll be a hit, and Ford will kick itself.
GM will figure out that they don’t need to pretend to be seven or eight brands. They’ll pick one, stick to it, and make better trucks, more small cars, and almost everything will be hybrid or all electic by 2015. It will be a hard time for purists to say “GM Grand Prix”, but those Datsun guys can say Nissan now.
Someone better pick up the Viper, is all I’m gonna say.
But wait! Who’ll make the Routan? VW is screwed! O noes!
My wife wondered why Ford seemed to be the only one of the three not planning to shut down for a month, and I told her, “Usually when you stop somebody’s heart on the operating table it’s with a strong expectation of starting it again.”
Well, welcome to the era of Zombie companies, American style.
Can we bet with Chrysler stock? Or does it need to be something a little more valuable, such as Monopoly money.
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