Saturday, May 16, 2009

Down Without the Ship

While I know that the old guard at Chrysler is no longer in charge, one can only wonder who is aiming the ship. Given the directions and controls placed upon the company by the government as a result of the various loans, their hands are certainly in the mix. To wit, the following letter:

___________________________

Dear Chrysler Bankruptcy Leaders(?),

While it is admirable for the captain to stay with the ship, when that ship has renewed life and the holes are plugged, it is a poor captain who will not allow his crew back on board. Even worse is the captain who retrieves his lifeboats leaving the crew to drown.

Having flung several hundred devoted Chrysler dealerships to the wind and the waves, one can only wonder about the caliber of corporate and governmental leaders who will force many of those same dealerships into corporate and no doubt personal, bankruptcy. While the lives of countless employees are being devastated by these dealership cancellations, the apparent unwillingness accept the dealers' return of their car inventory, is an unnecessary burden and blow to the same group that made Chrysler the corporation it once was. If these vehicles are not good enough for Chrysler, why would they be good enough for anyone else?

Certainly this is a case of "I've got mine (from the government) now you get yours (if you can.)" So much for loyalty. The corporation and auto workers survive while many of those who have supported the corporation through their personal investments in time, hard work and money, loose. (The same can be said about the way the corporate investors were treated.)

I should mention that of the four vehicles in my driveway, three are Chrysler products. There won't be another one any time soon.

EDC

1 comment:

  1. Imagine all the people put out of work by the closing of Chrysler and GM dealerships. Some years ago I read an article saying that the average dealership employs 50 people. That means that roughly 100,000 were put out of work by GM and Chrysler, including the owners who will likely be forced into bankruptcy. All the cars Chrysler wouldn't take back were most likely floor-planned (financed) by banks, meaning more bank write-offs.

    One has to question where all this is leading.

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