An Interesting Article about the Detroit Bailout

http://www.businessweek.com/lifestyle/content/dec2008/bw2008122_535275.htm

At least he points out a few misconceptions that keep getting repeated by the media.

Can you spell biased?

Although it is another viewpoint that we can add to all the others.

he mentions the tundra and titan, but the tundra is all but no more, and the next titan will be basically a rebadged Dodge truck

Lost me with the bit about damaging the national psyche, as though America were a child that should be given a "good effort" medal.

carguy123 wrote: Can you spell biased?

How so?

Yes pretty interesting.

I love how he wines that the fact that the big 3 will now no longer be shoveling huge amounts of sponsorship / endorsement money is somehow a great downfall. You mean those meat heads playing those "sports" will not be able to be payed those ungodly salaries anymore!!! Oh the tragedy!!! What will we do!!

I find his example of the new labor contracts that hire in many workers at $14/hour as "trimming" in the big 3 interesting. Considering they are going to be downsizing, I really don't see them hiring many new workers (they certainly will not be allowed to remove the older workers first). So it seems like this point is mute.

His point that the workers may not be able to afford the cars they build is almost funny also. You know, there is another solution to that problem...

Strizzo wrote: he mentions the tundra and titan, but the tundra is all but no more, and the next titan will be basically a rebadged Dodge truck

http://www.autoblog.com/2007/12/16/ghosn-hints-at-killing-nissan-titan/

According to this article, these are only hints and rumors. Of course it would be pretty hard for Nissan to sell rebadged Dodge trucks if Chrysler goes bankrupt.

i see, it was mentioned as if already decided in an editorial in another car mag i read

Snowdoggie wrote:

Strizzo wrote: he mentions the tundra and titan, but the tundra is all but no more, and the next titan will be basically a rebadged Dodge truck

http://www.autoblog.com/2007/12/16/ghosn-hints-at-killing-nissan-titan/ According to this article, these are only hints and rumors. Of course it would be pretty hard for Nissan to sell rebadged Dodge trucks if Chrysler goes bankrupt.

That doesn't really jibe with what Bob Nardelli submitted to congress today . . .

To further enhance its product portfolio, support growth and improve its cost structure, Chrysler continues to aggressively pursue strategic alliances and partnerships. Examples include our manufacturing agreement with Nissan whereby Chrysler will provide 100 percent of Nissan’s full size truck manufacturing in North America beginning 2011. At the same time Chrysler will purchase a compact, fuel efficient car from Nissan for global markets beginning in 2010. Chrysler also became the sole supplier to VW for all its Minivan production in North America. Chrysler has also entered into alliances with suppliers to develop innovative powertrain technology to support improved fuel economy.

http://www.media.chrysler.com/dcxms/assets/attachments/CommitteeHearing.pdf

That_Renault_Guy wrote:

Snowdoggie wrote:

Strizzo wrote: he mentions the tundra and titan, but the tundra is all but no more, and the next titan will be basically a rebadged Dodge truck

http://www.autoblog.com/2007/12/16/ghosn-hints-at-killing-nissan-titan/ According to this article, these are only hints and rumors. Of course it would be pretty hard for Nissan to sell rebadged Dodge trucks if Chrysler goes bankrupt.

That doesn't really jibe with what Bob Nardelli submitted to congress today . . . To further enhance its product portfolio, support growth and improve its cost structure, Chrysler continues to aggressively pursue strategic alliances and partnerships. Examples include our manufacturing agreement with Nissan whereby Chrysler will provide 100 percent of Nissan’s full size truck manufacturing in North America beginning 2011. At the same time Chrysler will purchase a compact, fuel efficient car from Nissan for global markets beginning in 2010. Chrysler also became the sole supplier to VW for all its Minivan production in North America. Chrysler has also entered into alliances with suppliers to develop innovative powertrain technology to support improved fuel economy. http://www.media.chrysler.com/dcxms/assets/attachments/CommitteeHearing.pdf

Of course this is kind of a flounder. The article is about bailing out the big three, not about Nissan getting out of the truck business.

aircooled wrote: His point that the workers may not be able to afford the cars they build is almost funny also. You know, there is another solution to that problem...

Are you talking about Henry Ford's solution?

http://ti.org/antiplanner/?p=529

He may not have had much love for the Jews, but he sure did know how to sell a car.