Archive for the ‘Chrysler’ Category
July 24th, 2010 | 
Author: Auto Trends Magazine » Chrysler to Shower Jeep With Some …
www.autotrends.org11/16/11
The Chrysler Group will be investing $1.7 billion in it hottest brand, which is Jeep. Today, CEO Sergio Marchionne announced that it will pour $500 million into its Toledo North Assembly Plant, create a second shift that will …
Chrysler, GM Closures Don't Faze Car Dealer-Focused VAR
www.crn.com5/15/09
The closures of more than 1000 Chrysler and GM dealerships will not have a devastating impact on one of the largest solution providers servicing that market, according to a spokesman for Reynolds & Reynolds, a Dayton, …
788 of the 789 dealerships that were shut down by the Federal Government had donated money exclusively to republican political causes!
After Chrysler announced that it would be filing for bankruptcy the Government said that it was prepared to step in, in order to save jobs, and Obama famously announced that Chrysler was "Too big to fail!".
Obama then announced a new car-czar named Steve Rattner to head up what came to be called the "Automotive Task Force" which would save both Chrysler and G.M.
A list of dealerships that were to be closed was published, and it was initially thought that the auto companies had put together the lists but The Washington Examiner, Newsmax, Fox News and a host of other news agencies soon published articles showing that the list of dealerships was actually put together by the "Automotive Task Force" which was headed by Obama’s new czar, Mr. Steve Rattner.
Which Dealerships Were To Be Closed And Why?
On May 27, 2009, The Washington Examiner and Newsmax broke the story that of the 789 dealerships slated to be closed by the federal government, that 788 of them had donated money, exclusively to Republican political causes.
The only "Democratic" dealership on the closure list was said to have donated $7,700 to Hillary Clinton’s campaign, and a little over $2,000 to John Edwards. This same dealership, reportedly, also gave $200.00 to Obama’s campaign.
Who Is Maureen White?
Well Steve Rattner is married to a Maureen White and she was the national finance chairwoman of the Democratic National Committee and as such she had access to every campaigns’ donation records!
And Who Is McClarty?
If the link no longer works, although it should do, what was written there was:
RLJ-McLarty-Landers Automotive Group is a partnership between the RLJ Companies and McLarty-Landers Automotive.
The partnership combines the 10 existing dealerships owned by Mack McLarty, former Bill Clinton chief of staff, and his partner Steve Landers with a capital commitment from the RLJ Companies which will be used to acquire additional dealerships.
The partnership’s goal is to add approximately 20 dealerships to its current portfolio and increase its current revenue from approximately $400 million to more than $1 billion over the next five years.
None of the above dealerships got shut down, whereas all of the competing Chrysler/Dodge and Jeep dealerships in the area got closed!
Hopefully that tells you something and bells are ringing, loudly!
Who Owns Chrysler?
That’s right the UAW now owns 55%, Fiat 35% and the government and secured lenders own the remaining 10%.
Just Think!
If the all the above is accurate and it would honestly seem to be, then the Obama administration cost tens of thousands of people their jobs by closing down businesses just because it didn’t like they’re politics.
What Happened to Steve Rattner?
Rattner resigned on July 13, 2009 and was quickly replaced by former steel workers union boss Ron Bloom and according to CBS News, Rattner left "to return to private life and spend time with his family”.
Do a search for “Steve Rattner Investigations” and you most likely won’t be surprised at what you find!
The Czars
Obama has 32 personally appointed "czars" who answer to no one but him, all of whom are acting without any Constitutional authority whatsoever, but hey, we’re sure they all have "unique skills”, as Tim Geithner loves to say.
Is It All True?
I can’t guarantee that everything here is accurate because many of the actions took place behind closed doors, but if you know why something should be changed then just give me the proof and I’ll change it, and any similar information about GM closures would be great too!
Posted in administration, Chrysler, economy, financial crisis, financial system, GM, job losses, layoffs, politics, Unemployment, Washington | 
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Cash For Clunkers
The aim of the cash for clunkers program which is due to start tomorrow, July 24th is to tempt would be buyers into trading in their old gas guzzlers for a new greener model, which will hopefully help the environment, and also will give some momentum to the stalled economy.
The vehicle that’s going to be traded in has to meet certain requirements, one of which is that it’s not more than that twenty five years old, and the new vehicle mustn’t cost more than $45,000.
The program, which is officially known as the Car Allowance Rebate System, will continue until $1 billion in rebate credits are reported, or Nov. 1st whichever comes first.
The program might triple or even quadruple the trade-in value of a real clunker, meaning one that would normally only fetch $1,000 to $1,500 from a dealer, but if the book value of the car or truck is more than the $3,500 or $4,500 then the program probably won’t help you.
Dealers are really excited about the program, and it’s easy to understand why when you consider that the U.S. auto sales annual rate was 9.69 million cars and light trucks in June, down from 9.9 million in May and 13.7 million in June 2008.
Chrysler Group LLC just announced that it will be offering new-car buyer’s incentives of as much as $4,500 in cash, and those who qualify for the maximum credit under the clunkers initiative will receive $9,000.
The incentive runs from tomorrow through Aug. 31 and covers most 2009 Chrysler, Dodge and Jeep models.
Some Tips If You’re Thinking Of Trading
1) Don’t drive your clunker to the dealer’s lot.
2) Negotiate on the price of the new vehicle first, and only when that’s finished, mention that you have a clunker to trade in.
3) If the salesperson tells you that cash-for-clunkers rebates are only available if you pay the sticker price, then don’t believe them. The opposite is true, and you’ll get less than the full value of the government credit if you pay the sticker price.
4) Carefully review the sales contract to make sure you haven’t bought services that you didn’t want, and make sure that the final numbers, including the monthly payment, match the negotiated price.
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