Quote Of The Day [Continued]: Sergio's Stunner Edition
Published: September 16th, 2009
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We were surprised by how little had been done in the past 24 months. It will be a slow progress in the beginning but we will see significant improvement in 2010…. If the numbers end up being as we see today, there is a good chance we will have to put additional stress on the manufacturing system. But it’s too early to tell.
-Fiat CEO Sergio Marchionne in Automotive News [sub, available sub free at CNN]. Is Marchionne just blaming the most convenient possible scapegoat, or did he really take Chrysler on a taxpayer-funded platter because he actually thought Cerberus was doing a bang-up job?
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Chrysler products are junk. He is looking for more US Government money....
Short of importing some Fiats (even that takes time and prep work) NOTHING can be done that would impact 2010. A normal company has already finished its budget for 2010 by now .... Chrysler will present a revised BUSINESS PLAN in 11/09 ... present, not decide, let alone implement .... Mamma mia!
Did their big relevation come before, or after, they bought Chrysler?
Bertel Schmitt : Dude, you need to tell me which companies you know that have group budgets/plans set for 2010 already... I need to go send out some resumés.