Chrysler has new owners, Cerberus.
My first reaction to this news was, great ! They are going to start a fresh new
marketing agenda and set bold new plans for fuel efficient cars.
Chrysler has earned some respect with more fuel efficent SUV's lately, getting over 30mpg,
hopefully they will capitalize on that rather than go down with the ship or Jepp.
Unfortunetely Cerberus has a reputation as a company that thrives on taking over stuggling
companies and reselling them later after slashing costs (jobs). Many think a company from Asia
will buy the company in a few years after they do all the dirty work.
After losing 40000 employees in the last 10 years it looks like there's more layoff's ahead and
those that aren't laid off will have to make some concessions.
P.Fezziwig, administrator for [URL="http://www.GreenCarsNow.com"]GreenCarsNow.com[/URL] , a website devoted to promoting fuel efficient cars and [URL="http://www.carrepairratings.com"]CarRepairRatings.com[/URL] a site promoting consumer reviews of mechanics work.
Wednesday, May 16, 2007
Subscribe to:
Posts (Atom)