Re: [FWDLK] Chrysler May Sell or Close Mopar

[Bill Watson <wwatson6@xxxxxxx>]

Mopar is the parts division of Chrysler.  Selling off Mopar means Chrysler
will no longer be selling parts for its own cars and trucks.  Makes no
sense.

It was German bashing.  Seems some are getting into Cerberus bashing.

Bill
Vancouver, BC



----- Original Message ----- 
From: PowerFlite Communications
To: L-FORWARDLOOK@xxxxxxxxxxxxx
Sent: Thursday, August 30, 2007 8:36 AM
Subject: Re: [FWDLK] Chrysler May Sell or Close Mopar


Yeah, I saw the notice below yesterday.  Keep in mind that the new CEO of
Chrysler LLC is the same guy fired from Home Depot because he destroyed the
brand (and the share price) through endless cutbacks in customer service and
employee benefits, as well as selling factory 2nds as premium merchandise.
Here's that notice:


Chrysler LLC has proposed selling or closing two units, according to a The
Wall Street Journal article that cites contract talks between Chrysler and
the United Auto Workers union. The units are Mopar, which makes auto parts,
and Chrysler Transport, which manages deliveries of supplies to the
carmaker's plants. Together, they employ around 1,300 people. Cerberus
Capital Management recently acquired an 80% stake in Chrysler, with former
parent Daimler retaining 20 percent. www.chrysler.com


Greg Robertson
'55 Plymouth Savoy






On Aug 30, 2007, at 10:09 AM, Wayne Graefen wrote:


http://www.classiccar.com/wordpress/

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