Jump to content

3 posts in this topic

Recommended Posts

Filed: Citizen (pnd) Country: Cambodia
Timeline
Posted

Sun Apr 26, 2009 6:15pm EDT By Soyoung Kim

AUBURN HILLS, Michigan (Reuters) - With just days to go before Chrysler learns its fate, dozens of people flocked to pay tribute to the once famed icon of America's auto industry that might soon be entering the final chapter in its long history.

From a former Chrysler salesman to an employee from another struggling U.S. automaker, General Motors Corp, those visiting the Walter P. Chrysler Museum in the northern suburb of Detroit expressed sadness at the prospect of a world without Chrysler and hoped the company would survive.

"I would be very sad if it were to go out of business, not only for the corporation but for the Michigan community," said Scott Morris, a 50-year-old GM employee, looking around dozens of vehicles spanning eight decades.

Morris was visiting the museum with his wife and daughter, days before the company faces the deadline of April 30 by which it must cement an alliance with proposed Fiat SpA and win sweeping costs cuts from creditors and unions.

The Obama administration has warned that without the deals, Chrysler would face a cut-off of government funding and a potential bankruptcy.

"We're here today because we thought the museum might close in case Chrysler would go bankrupt, and we've never been here before," Morris said. Walter P. Chrysler Museum sits adjacent to the company headquarters in this Detroit suburb.

Private equity firm Cerberus Capital Management LP bought the automaker from Daimler AG in 2007, pledging to save an "American icon" that has moved from market dominance to the 1980 federal bailout to foreign control over the past 80 years.

Less than two years later, Chrysler is operating on $4 billion of government loans it received early this year. The government has also directed the automaker to link up with yet another European partner, saying Chrysler is not viable as a stand-alone company.

"I'm very sad Chrysler has come to this point. Chrysler was always known as the company with the best styling and engineering. Because they were small, they had to be smart," said Dwayne Janke, 50, who used to work at a Chrysler Jeep dealership in the 1970s.

"I came in the hope that nothing would happen to this museum. I wanted to show my support," Janke said.

Luis Sordo, 44, said he wanted to see what is potentially Chrysler's last moment as a stand-alone U.S. automaker.

"The auto industry is an icon for the country," Sordo said, visiting with his son and brother-in-law from Venezuela.

"I hope the company will make it and get a solution. Hopefully the joint venture with Fiat will work."

(Reporting by Soyoung Kim; Editing by Diane Craft)

mooninitessomeonesetusupp6.jpg

Filed: Citizen (pnd) Country: Cambodia
Timeline
Posted
I find it sad that the American auto industry has come to this point.

If my parents 2 different Chrysler mini-vans, and 1 Full size chrysler Van that I rode when I was younger didn't break, I wouldn't have that image in my head that their car can break easily and unreliable. Ever since, it always have been Hondas and Toyotas.

mooninitessomeonesetusupp6.jpg

 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
- Back to Top -

Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...