Say what you will about Chrysler's products but the management is doing well from a business perspective.
Imagine you are given a company with completely uncompetitive products and a 3-5 year product cycle. Chrysler is by no way doing well or even adequate but management, through business decisions aren't exactly murdering it. It seems like they are legitimately trying to turn around and slowing the cash burn.
GM seems to be in self destruct mode. They use up cash like it's going out of style. Ford ill be fine. Decent products and good management. Chrysler though has horrible products and good management so the hemmoraging of cash isn't as bad as you'd expect. The business decisions that upper management is making isn't bad at all, it's just the product mix that's dragging them down.
All in all I think Chrysler now has talented execs as far as business goes. If they can turn around some good products, they'd be in pretty decent shape. Hell as of a few months ago, they had 10.9 billion in cash.
Cliffs: Chrysler could be much worse off with GM execs, the current execs arent bad with business decisions. If Cerebus didn't take over, Chrysler would be in much worse shape now.
Imagine you are given a company with completely uncompetitive products and a 3-5 year product cycle. Chrysler is by no way doing well or even adequate but management, through business decisions aren't exactly murdering it. It seems like they are legitimately trying to turn around and slowing the cash burn.
GM seems to be in self destruct mode. They use up cash like it's going out of style. Ford ill be fine. Decent products and good management. Chrysler though has horrible products and good management so the hemmoraging of cash isn't as bad as you'd expect. The business decisions that upper management is making isn't bad at all, it's just the product mix that's dragging them down.
All in all I think Chrysler now has talented execs as far as business goes. If they can turn around some good products, they'd be in pretty decent shape. Hell as of a few months ago, they had 10.9 billion in cash.
Cliffs: Chrysler could be much worse off with GM execs, the current execs arent bad with business decisions. If Cerebus didn't take over, Chrysler would be in much worse shape now.