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Topic: get out your checkbook (Read 596 times) previous topic - next topic

get out your checkbook

This is hard to believe.  Our Big 3 auto manufacturers are seriously hurting!  Whats next Chevy sells the Corvette name and Ford sells the Mustang name (or worse Thunderbird)?

http://www.usatoday.com/money/autos/2008-08-27-viper_N.htm
'88 'bird, 10.9:1 306 w/TFS top end, forged rods/pistons, T-5 swap & bunch of other stuff, 1-family owned, had it since ‘98, 5.0tbrd88 on Instagram and YouTube

get out your checkbook

Reply #1 –
lol,, our bail out package at work for ya:D Lots of cars were sold and made on loan,, the banks backing those loans arent putting out yet.  They will decide when they think they want to divvy out the cash.  Dont you get it? 

dealerships have tons of inventory on credit as well,, and like paul harvey says, ,,, Now you know the rest of the story.

told ya so.
 

get out your checkbook

Reply #2 –
I have not considered Chrysler part of the big three since Daimler owned them it was no big surprise when they were first sold to Cerberus. So it comes as no surprise that they now want to offload Chrysler (or the viper brand) wouldn't you want to get rid of a money pit? I am not sure on the actual numbers but i would not be all that surprised if they had not posted profits for quite a while and the recent recession has scared Cerberus.