Archive for October, 2009

How do I protect our company from collections risks if Chrysler goes on Chapter 11?

Thursday, October 29th, 2009

Sweetie asked: Rumor - Chrysler might file for Chapter 11 next week. I am in charge of credit and collection for our company. We have a lot of customers who are direct suppliers for Chrysler. What would you do as Collections Manager to protect your company from ...

Orange County CA Auto Repair Shops May Prosper from GM and Chrysler Woes

Thursday, October 29th, 2009

Stu Samuels asked: Orange County, California is one of the counties that face the recent bankruptcy of GM and Chrysler including the decision to close many of the dealerships.  This decision will stop a major source of tax revenue that could be used towards many city wide projects within Orange ...

Chrysler Group Announces Sebring Convertible Production

Saturday, October 17th, 2009

Anthony Fontanelle asked: The Chrysler Group recently announced that the production of the new 2008 Chrysler Sebring Convertible has started at the company’s Sterling Heights Assembly Plant. The Sebring Convertible will be manufactured alongside the Sebring Sedan and the 2008 Dodge Avenger.The said production facility is equipped with the Chrysler ...

New Chrysler Sebring Headed for UK Market

Thursday, October 15th, 2009

Lisa Ziegler asked: During the release of Chrysler Sebring mid size sedan last year, DaimlerChrysler AG's Chrysler Group division said in a press release that the car is scheduled to arrive in the UK and other European markets in the first half of 2007. Well for those of British car ...

Chrysler Dealers, Workers Face Uncertainty

Friday, October 9th, 2009

Glady Reign asked: Chrysler CEO Tom LaSorda asks the company’s workers to concentrate on recovery amidst rumors. This is because the uncertainty that challenges both Chrysler’s dealers and workers could be reflected on their faces and expressions. They are uncertain about the future of Chrysler Group hence also unsure of ...

Gm Purchasing Chrysler: not a Very Good Idea

Sunday, October 4th, 2009

Lisa Ziegler asked: According to Fortune’s Alex Taylor the idea of General Motors purchasing Chrysler is ridiculous saying that GM’s number one problem is overcapacity and Chrysler has too much of what GM has already like car brands, workers, assembly plants, retirees, dealers, liabilities, and car models. General Motors is ...