What If Chrysler Goes Bankrupt???

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jimharvard

jimharvard

JimHarvard
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I hate to be a downer on this discussion board but have any of you been thinking about the "what if's" that might happen if Chrysler goes out of business??? The thought upsets me a great deal for a number of reasons:

1. Chrysler/Mopar/Direct Connection were just starting to build replacement parts for some of their old muscle cars - that will be gone.
2. Forget about crate engines!!! I don't think a private company could afford the tooling costs of opening up an engine plant.
3. How about a $100k for a junk yard mopar??? could happen ... if Chrysler goes the way of the dodo bird, how much do you think the idiots at Barret-Jackson will begin to pay for Road Runners???
4. And what about parts swap meets?? you'll have to have a Brinks Guard standing over your wooden boxes of old parts.
5. And all the old cars that you and I still love to take out on a sunny saturday and flog for a couple of hours - when the prices hit 6 figures for anything mopar that runs... none of us will be able to drive or enjoy them any longer....

I hope I'm wrong... but the rumors about the germans selling Chrysler and GM thinking of buying their 75 year rival have to be taken seriously. I think now is the time to start gathering up as many unusual old parts as you can get your hands on...

i'd love to hear what you guys think...

jim coster, pittsburgh ... soon to take possession of an old barracuda..
 
There are alot of companys that make parts for our cars. I think they will step up and fill most of the voids.
 
If Chrysler goes on the block don't be surprised if Hyundi doesn't come in and buy it. The company is huge, bigger than Nissan and Toyota, and it's into everything such as being the worlds biggest ship builder and they got tons of money and want a foothold in north america. Just my perdiction.

Terry
 
demon seed said:
If Chrysler goes on the block don't be surprised if Hyundi doesn't come in and buy it. The company is huge, bigger than Nissan and Toyota, and it's into everything such as being the worlds biggest ship builder and they got tons of money and want a foothold in north america. Just my perdiction.

Terry
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If so, it's a good idea to start buying stocks in Hyundi!
 
demon seed said:
If Chrysler goes on the block don't be surprised if Hyundi doesn't come in and buy it. The company is huge, bigger than Nissan and Toyota, and it's into everything such as being the worlds biggest ship builder and they got tons of money and want a foothold in north america. Just my perdiction.

Terry
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I say forget hyundia.. I think FABO should buy chrysler.. The End.
 
I believe if things don't change on the government doesn't start helping GM, Chrysler, and Ford out that soon the big 3 will be no more. Unfortunatly that means the imports will be all thats left. Which in fact will have no intention of moving to north america and continue to make econo-S***-boxes at dirty cheap prices. Unfortunatly that means fewer jobs more poverty and even worse crime. Honestly the time to ban manufacturers like Acura and Honda is now. Those cars need to be banned from being sold here so that the industry doesn't fall apart and go to china. I mean honestly 13,000 people are gonna lose their jobs how many more people have to lose their jobs before the government actually steps in. I think the only cars that should be sold by foreign manufacturers on this continent should be made in conjunition with domestic car manufacturers. I know that sounds harsh and would mean cars would be a little more expensive then they are currently but it's not fair for a non-domestic manufacturer to be putting people out of work and ruining our industry.
 
I believe if things don't change on the government doesn't start helping GM, Chrysler, and Ford out that soon the big 3 will be no more.
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there hasn't been a "big 3" in a while.. GM and ford is it. chrysler is german no matter how you want to spin it.. buying a new chrysler is the same as buying a toyota,honda,hyundia,kia or any other foreign car..
 
GT, but for what your offering could be valid.. theres no just, the automotive industry in its whole is only a fraction of other things that we also import..

where do you plan to get your own oil? from under the white house where bush is hording it?
what about designer wear? Lumber? Did you ever take into consideration that most kids toys come from abroad.. the controller to your television is more then likely made in tiawan... most of the things we use nowwa days comes from abroad because they can make it in mass production and for cheap where as here in america we cant and we buy the overseas crap. Theres a numourous amount of things that would also need to change it, and it just wouldnt.. and personally.. i like my sechzwan chicken chow mein.. but i see your point and i sorta agree, but we both know it aint happenin!
 
Year One will still make Mopar parts. Edelbrock makes crate engines for GM cars, it wouldn't be much of a stretch to build Mopar engines alongside. When AMC was swallowed up by Chrysler, the prices and demand for their musclecars didn't even flinch so I can speculate that vintage Mopar prices wouldn't move much just because Chrysler-present is purchased or broken up for its assets.

So much doom and gloom! The biggest impact to our hobby would be the bubble bursting on the musclecar market. Once the speculators and investors move on to the next big thing, the commodity that was Mopar tin will drop in value tenfold. Look at what happened to the million-dollar Ferrari prices of the late 1980's. For us, that would be a bonus as we could once again afford the cars of our dreams instead of running around in rusty old slant-six Dusters... JUST KIDDING! I'd still take a mint A-Body over a bloated Charger or Superbee anyday, regardless of price or market value. :D
 
i wouldn't worry about the after market too much... goodmark will still have their body parts made in tiawan. so the almighty e-body will still be able to be restored..... :)
 
jimharvard said:
I hate to be a downer on this discussion board but have any of you been thinking about the "what if's" that might happen if Chrysler goes out of business??? The thought upsets me a great deal for a number of reasons:

1. Chrysler/Mopar/Direct Connection were just starting to build replacement parts for some of their old muscle cars - that will be gone.
Click to expand...
True, but they are a recent entry into a market full of vendors.

2. Forget about crate engines!!! I don't think a private company could afford the tooling costs of opening up an engine plant.
Click to expand...
There are already other sources for engines out there.

3. How about a $100k for a junk yard mopar??? could happen ... if Chrysler goes the way of the dodo bird, how much do you think the idiots at Barret-Jackson will begin to pay for Road Runners???

4. And what about parts swap meets?? you'll have to have a Brinks Guard standing over your wooden boxes of old parts.

5. And all the old cars that you and I still love to take out on a sunny saturday and flog for a couple of hours - when the prices hit 6 figures for anything mopar that runs... none of us will be able to drive or enjoy them any longer....
Click to expand...
Whatever happens to Chrysler should not affect this at all. The old cars and parts for them will not be any more rare than they are now.

I hope I'm wrong... but the rumors about the germans selling Chrysler and GM thinking of buying their 75 year rival have to be taken seriously. I think now is the time to start gathering up as many unusual old parts as you can get your hands on...
Click to expand...
So far, no one is putting any stock in the idea of GM aquiring Chrysler. They are already trying to downsize to save their own butt. The talks are supposedly about a joint venture on a Tahoe-like full size SUV which would be a terrible idea for Chrysler. They have enough large vehicles now. That is part of the problem. They need to focus on the little high milage crap that the government is scaring everyone into.
 
abodyjoe said:
there hasn't been a "big 3" in a while.. GM and ford is it. chrysler is german no matter how you want to spin it.. buying a new chrysler is the same as buying a toyota,honda,hyundia,kia or any other foreign car..
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This isn't even close to true.
 
2shelbys said:
This isn't even close to true.
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no? is it not a german company now?? hell it was barley an american company even when it was an american company with the amount of vehicles built in mexico and canada...
 
I read in an article in AutoNews a while back that as far as sales in the U.S., the big three is GM, Toyota, and Ford, with Toyota either expected, or already surpassing GM in sales (they already passed Ford, and Chrysler was passed long ago). If I remember correctly, the article also said that Honda is #4 or something like that. As far as just American brands, it is just the big two, Ford and GM now because of Chrysler being owned by the Germans now.
 
If there was to be a foreign company to buy Chrysler I would love for it to be Hyundai, I'd rather see them buy it then Ford or GM even. They make great vehicles and also own KIA, also the "World" engine that Chrysler touts is almost completely made by Hyundai.

The real thing killing the US automakers is Unions, and nothing else. Most all foreign automakers have factories in America, and their employees end up getting paid more than their counterparts working in Union shops, because they have no Union dues. Just think a lot of Chrysler stuff is made in Mexico, that is because of course it is cheaper for them to make cars that way. Why should they have to pay a bunch of Union $30/hr to watch the $12/hr temps do all the work, I have a friend that works for Ford.

For instance I just bought a brand new Hyundai Accent fully loaded power everything, except manual tranny, sunroof, and I mean everything. It cost me around the same as a base model Caliber, for instance. Best bang for the buck, I am all about buying American but in a lot of cases it makes more sense to buy foreign. BTW, I bought that car right on a Chrysler/Hyundai car lot.
 
The real thing killing the US automakers is Unions, and nothing else.
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i don't agree 100% with that... and i'm not defending the unions but managment and stock holder have allot to do with it also???


what kind of bonus do those higher ups get. what kind of expense accounts do they get and what do they spend it on?? how great have their decision making been? it goes on and on..



the stock holders don't care what happens as long as they are making the money.. cut as much cost as much as possible so the profit is that much higher....



there is pleanty of blame to go around.. you can't pin point it on just one section. its really screwed up from the top to the bottom and ofcourse crap runs down hill so you know who gets all the blame.....
 
I read somewhere that approx. $1000 of the cost of every new car built in Detriot is directly attributed to paying the pensions/healthcare of retired line workers. Viagra alone accounted for over one million dollars in lost revenue at GM. No joke. Now that's a problem the imports don't have.
 
4. And what about parts swap meets?? you'll have to have a Brinks Guard standing over your wooden boxes of old parts.



If you have been to Carlisle in the last couple years you know the prices aren't far from that prediction already!
Just go buy a nice Sharktooth grille or anything for an E-body!
 
abodyjoe said:
there hasn't been a "big 3" in a while.. GM and ford is it. chrysler is german no matter how you want to spin it.. buying a new chrysler is the same as buying a toyota,honda,hyundia,kia or any other foreign car..
Click to expand...

lift the hood on a GM or a ford and count how many of those parts were made in the USA.
 
What If Chrysler Goes Bankrupt???

It will never happen...
GM is having a realy hard trouble and ford is deepear...
 
In think the problem would be solved if theycould sell enough vehicles, but with 300+ models among the big three and the offshore competition that ain't gonna happen. I live close to Bethleham Pa. and what was Bethleham Steel. They took all they could from the profits and never gave a thought to keeping the plant up with the times. I have 38 years in a union (Minus 2 yrs military) and can tell you if management gets it we will too. The second problem is the product...remember the Vega and Pinto? Alot of consumers did. It wasn't the guy on the line that designed the fiascos, or set the production scheds. Don't think the Japanese didn't learn from that. How many models does Toyota produce? Now how many models does GM make, each it's own production line. One more thing, Honda, Toyota make cars here. They use our people and produce a very competant car. Maybe not as good as a Duster was but in todays market they sell. Give me an old a body any day.
 
I've been a union member for 30 years and proud of it!
The domestic auto makers have a lot of problems, not all of their own making. Japan fixes their currency aganist the dollar to keep it low. The state pays for health care and retirements. China does it and I'm sure Korea does too. Sure the big three made some really bad decisions, but its not all their fault. I hope they can pull it out.
 
If Chrysler goes out or belly up, our hobby would be the least of our worries. The economy would take a severe hit. If Mopar goes, the other two would become shaky and there would be a lot of fear in the general public about the economic future. Good foundation for a depression or severe recession.

Much more likely is that Chrysler would be bought up by another company and life would go on.

Brian
 
I live close to Bethleham Pa. and what was Bethleham Steel. They took all they could from the profits and never gave a thought to keeping the plant up with the times.
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i saw a good show on bethleham steel on the history channel a while back.. they basicaLLY said that the union had the company by the balls and took advantage of that at contract time . but the company never put any profits (which there were pleanty of at the time) into updates like you said along with the higher ups expensing some crazy trips and things like that... but the union ends up getting the bad wrap .. but there was blame everywhere and weather it was right or not they got everything they could while they still could.... if they settled for less would the company still be in buisness?? i doubt it. it would have just been more profits that didn't go back into the company....
 
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