Comments on: Chrysler Claims “Postive Operational Earnings”

By: The Luigiian

The Luigiian — Wed, 30 Apr 2008 06:49:06 +0000

I’m exhausted with Chrysler Co.

This is a company that has really attractive and interesting cars in the Dodge and Jeep name and yet can’t capitalize on their attractiveness. (Obviously, Chrysler the brand is made up of all ugly.) I looked at a Dodge Avenger today and immediately wanted one. My mom agreed with me, it was attractive, looked good on the road.

Then I find out its fuel economy isn’t so good, it’s not sporty, it’s not fun. It’s not even class competitive.

Jeep Patriot is attractive and has “real” four-wheel drive (trail rated), but suffers from the same problems.

Yeesh. I have all the respect in the world for American workers and hope they can remain employed for as long as possible against the onslaught from newly-industrializing countries, but I kinda wish Chrysler–specifically Dodge–would go away and stop tempting me with its attractive but terrible cars.

By: timd38

timd38 — Wed, 30 Apr 2008 00:03:32 +0000

The Chrysler Technical Center in Auburn Hills was designed so that it could be turned into a shopping mall if Chrysler failed.

Home Depot is already there, when is Sears moving in?

By: jthorner

jthorner — Tue, 29 Apr 2008 21:25:58 +0000

“Accordingly, the 2007 financial results of Chrysler LLC under U.S. GAAP are substantially better than the IFRS-based financial results utilized by Daimler.”"

Hmmm, that sounds like it is harder to cook the books under IFRS rules than it is under GAAP.

By: Martin Albright

Martin Albright — Tue, 29 Apr 2008 18:56:41 +0000

Is the Doctor Strangelove acronym (P.O.E.) intentional or coincidental?

Where is General Jack D. Ripper when you need him?

By: windswords

windswords — Tue, 29 Apr 2008 17:16:15 +0000

“the German automaker cautioned against making that calculation, citing the differences between international and U.S. accounting,”

“There are significant differences between IFRS and U.S. GAAP accounting standards…”

True dat. That’s why know one has been able to account for the cash hoard Chrysler had before Daimler took over.

By: menno

menno — Tue, 29 Apr 2008 16:55:55 +0000

C’mon ash78, you’re making everyone look (because I’m laughing out loud – VERY loud – right in the office). Keep up the good work.

By: ash78

ash78 — Tue, 29 Apr 2008 16:28:08 +0000

I think there’s some purchase accounting discrepancies regarding goodwill. Namely, what kind of tax break could Cerberus get for donating Chrysler to Goodwill?

By: jkross22

jkross22 — Tue, 29 Apr 2008 16:19:20 +0000

That Katie’s a riot! And so is Nardelli. What a brilliant man.

By: guyincognito

guyincognito — Tue, 29 Apr 2008 16:19:01 +0000

What does 2+2 equal? Whatever you want it to.

By: 1996MEdition

1996MEdition — Tue, 29 Apr 2008 16:13:26 +0000

Unfortunately, since Chryslerberus is not a public company, we will never know if “positive operational earnings” is the same as profit until the fire sale comes.

How do they keep from falling down with all the spin?