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Old Jun 10, 2009 | 09:57 AM
  #1  
MemphisMom's Avatar
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Red face make me feel good about getting my first Chrysler

About to bite the bullet and get my first Chrysler T&C. Just not sure with all this stuff going on and the UAW getting 55% of the company.
 
Old Jun 10, 2009 | 07:09 PM
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I would hope that it means that in-plant quality will improve. The boys on the assembly line have got to know that their jobs are hanging by a thread and that they really need to be doing five-star work. My fear is that in the future, product innovation will suffer as fewer resources are available to make cars that people will want to buy.
 
Old Jun 10, 2009 | 07:30 PM
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Originally Posted by MemphisMom
About to bite the bullet and get my first Chrysler T&C. Just not sure with all this stuff going on and the UAW getting 55% of the company.
Fiat will have controlling interest not UAW
 
Old Jun 10, 2009 | 08:10 PM
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cnn - Looks like it will be sometime before Fiat "controls it" and did ya look at the board ??? they may never "control" it.

"
The new Chrysler: The deal established a new company, called Chrysler Group LLC, after the former Chrysler LLC sold nearly all of its assets to the new firm.
Chrysler Group is 55% owned by the United Auto Workers union. The U.S. government holds an 8% stake and Canada a 2% share. Fiat will not be allowed to take a majority stake until the new Chrysler pays back the $22.1 billion lent to it from the Treasury Department, including Wednesday's $6.6 billion wire transfer.
 
Old Jun 10, 2009 | 08:29 PM
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hey MemphisMom just bye a Fiat an help Chrysler
 
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