April 30th, 2009 Show

Wow! We are seeing history being made today. Barrack Obama has announced that Chrysler is filing for Chapter 11 protection (reorganization) under the US Bankruptcy laws. This move breaks every contact Chrysler Corporation has with its Dealers, unions, Suppliers, insurance companies, and health care providers. In our opinion the merger with FIAT is either a waste or a gift depending on your point of view. Fiat has somehow been anointed the savior of Chrysler because of its small car technology, specifically the Fiat 500. Clifton pointed out that the identical car is a Ford Ka that Ford has repeatedly refused to import into the US because its internal studies have shown that it will not sell here in the US. Somehow that fact has evaded the car czar and his fellow beaurocrats that are now running the show. Cerebus (the current owner) has not been mentioned in any of the press releases. Glenn shared with our audience that it’s still safe to buy a Chrysler, Dodge or Jeep. The dealers are not going away and the government has guaranteed the warranties on these vehicles. After 50 years of being a Chrysler Dealer in Elgin, Shaumburg, Buffalo Grove, Elmhurst and Santa Fe our heart goes out to the men and women of Chrysler Corp its suppliers and dealers. We wish you the best of luck.

Hour 1

Download: https://4cornerscartalk.files.wordpress.com/2009/04/4cct-04-30-09-01.mp3

Hour 2

Download: https://4cornerscartalk.files.wordpress.com/2009/04/4cct-04-30-09-02.mp3

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