[Canadian_Mind]

Eh, let em rot.

[herbie]

$1:

Looks like Magna might be able to get a deal yet. But D-B mostly gutted Chrysler when they left.

Not when there's a $500 billion tax claim. Seize the assets.
Cut a deal with the CAW to continue production until the Trustee finds a buyer.
Hell throw a duty on Chryslers not built in Canada too, blackmail them back for the Jeep brand name. Then rebrand the Caravans as Jeeps.
The union will deal.
They already did deal until that sadistic asshole Flaherty whined they didn't bleed enough to please his scabby Tory heart.

[RUEZ]

herbie herbie:

Not when there's a $500 billion tax claim. Seize the assets.
Cut a deal with the CAW to continue production until the Trustee finds a buyer.
Hell throw a duty on Chryslers not built in Canada too, blackmail them back for the Jeep brand name. Then rebrand the Caravans as Jeeps.
The union will deal.
They already did deal until that sadistic asshole Flaherty whined they didn't bleed enough to please his scabby Tory heart.

I don't believe seizing the assets would give them the right to build Chrylser products in Canada. They would simply own the buildings and equipment inside it. I guess as an NDP'er you'd like to see the whole industry nationalized?

[herbie]

Does running the plant to get OUR money back and selling it through a Trustee sound like nationalizing?
It's nothing the lowliest bloodsucker in the CRA wouldn't do all on on his own!

[martin14]

herbie herbie:

Does running the plant to get OUR money back and selling it through a Trustee sound like nationalizing?
It's nothing the lowliest bloodsucker in the CRA wouldn't do all on on his own!

This might work if the different plants werent so dependent on each other.
Nowadays, no plant could exist on its own, its all part of an integrated mess.

But I agree, the way GM and Chrysler are howling now, fuck 'em.


Saab is out of GM, Opel is heading that way.. the EU govts are willing to give
money, as long as GM is out of the picture.

[Elvis]

Hello guys

Just to give you a little bit of perspective on the auto manufacturing problem. In a speech a few month ago Président Sarkozy address the issue this way.

" The Auto industry will bounce back after the recession but if we let them fail now then it's over" then he offer a comprehensive package the help the French Auto industry which pass BTW. In conclusion the auto company who will survive will have less competition and will be more successful.

Maybe not all of the big three should be allow to fail unless you want to drive a Peugeot in the near future.

here is the Peugeot line get use to it!

[Akhenaten]

$23Billion to save 9400 jobs.

That's $2.4 million per job. Fuck you Crystler. Fuck CAW. They should be tarred and feathered for even suggesting it. Christ they should've died in 1984!

$23billion.


Unbelievable!

[stemmer]

IF we loose our auto industry to foreign corporations it will be the demise of our national sovereignty... I'm no socialist but IF I must choose between bailing out the big three or having the auto industry run by overseas corporations, I'll choose the lesser of the two evils...

Once GM, Chrysler & Ford are out of the picture, Toyota, Honda, Nissan, will move their plants out of North America as their will be NO North American automobile corporations to protect with tariffs...

[mtbr]

stemmer stemmer:

IF we loose our auto industry to foreign corporations it will be the demise of our national sovereignty... I'm no socialist but IF I must choose between bailing out the big three or having the auto industry run by overseas corporations, I'll choose the lesser of the two evils...

Once GM, Chrysler & Ford are out of the picture, Toyota, Honda, Nissan, will move their plants out of North America as their will be NO North American automobile corporations to protect with tariffs...

so you would consider the US foreign now

[Akhenaten]

How come the Globe and Mail says $23 billion and CTV says $2.3 billion?


Anyone know for sure which it is?

[stemmer]

mtbr mtbr:

They won't last another year on either side of the border, let them go and watch them fold. Nissan will gladly buy the Dodge Ram.

And where will Nissan get the money? A loan from our government?

$1:

Nissan Motor Co. has said that it is considering various types of government aid, but it declined to say Tuesday whether it was requesting for Japan Bank for International Cooperation loans. Nissan has forecast a 265 billion yen net loss for the fiscal year through March.

http://www.thestar.com/Business/article/595628

[LightStarr]

"The Windsor plant produces the Chrysler Town & Country and Dodge Grand Caravan minivans and has about 4,450 hourly workers. It is the company's only supplier on minivans as two other minivan plants have been shut down in the U.S."

Sounds like they can't close if they want to keep making minivans.

[mtbr]

stemmer stemmer:

mtbr mtbr:

They won't last another year on either side of the border, let them go and watch them fold. Nissan will gladly buy the Dodge Ram.

And where will Nissan get the money? A loan from our government?

$1:

Nissan Motor Co. has said that it is considering various types of government aid, but it declined to say Tuesday whether it was requesting for Japan Bank for International Cooperation loans. Nissan has forecast a 265 billion yen net loss for the fiscal year through March.

http://www.thestar.com/Business/article/595628

Japan, like the article says, why would that bother you?

and if they did get it from Canada you know we would at least get it back unlike the defunct 2.

[stemmer]

Ask Lee Iacocca if Chrysler repays government loans.... You really need to stop your bias from blinding you from historical fact and the truth...

[poquas]

Until any of them present a viable restructuring plan that does not involve unending tax dollars or loans, I hope the whole industry folds and makes room for anyone who will fill the void. I really don’t give a damn whether it’s a European or Japanese company.

So far all I’ve heard are threats. Either they’ll go under or they’ll close the Canadian plants. In either case it’ll be the result of a badly flawed business plan and very poor products.