Nardelli's Email to Employees
When Chrysler's employees got back from their forced "downtime," they found an email from El Jefe himself. In it, CEO Bob Nardelli welcomed them back and brought them up-to-date on what's been going on (like they hadn't been watching the news or reading TTAC). Boot "em Bob brags on things they've done, from donating to a NASCAR charity to receiving "the top ranking in the automotive industry in the NAACP's annual report card on corporate America's financial relationship with the African-American community." What's interersting: what he didn't say. While he mentions "reports on Chrysler Financial's annual process of renewing its credit conduit ," he doesn't comment on reports that say ChrysCo's in such bad straits they'll be facing much higher rates. He talks about "attractive offers" on Dodge Ram pickups– without mentioning the glut they're trying to clear. And then there's this bit about "creating partnerships and alliances to extend our portfolio, geographic reach and technology capabilities." Could Nardelli be setting-up the troops for another announcement about cutbacks, leading to a sale to Nissan or another automaker? We'll let you know as soon as we hear anything more. [thanks to you-know-who-you-are for the tip]
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It was McCarthy Dodge that closed, at I-435 and Metcalf. Ideal location, less than ideal product.
Nissan wouldn't touch Chrysler with a barge pole. They're out to make money not pour it down the sink. Chrysler are on the brink!
Metcalf & 435 isn't what I would call ideal location for a dodge dealer. Little more upscale in Overland Park.
A lot of great points in this one.. As one of my friends said. "How many companies does a CEO wreck, before you take the keys away from him