Why is Chrysler sitting at the free money trough with Ford and GM?

Question 1
Why is Chrysler sitting at the free money trough with Ford and GM?...  Ford and GM are publicly traded companies and their stock is subject to impact average Americans and their retirement plans. I don't agree with a bail out, but I see why they are at the table begging. I can't believe no Senator or Representative in either of these trips to Washington asked Chrysler why they were there also. They are a private firm held by a private company that has plenty of money. If they need money shouldn't they just ask the parent company for it? Are we really going to give a few billion dollars to a hand full of guys that already have a few billion dollars in the bank?

Answers
1)   the bailout was to try to strengthen the auto industry and save or create jobs. and by the way Ford never took 1 cent in bailout money - rkbtoo

2)   This question is too little too late, Chrysler got thier money over a year ago, and Yes, Chrysler is owned by the Germans.
Ditto on Ford. - jeff rager

3)   You have alot of misinformation in here. First Ford was NEVER at the table begging. Only GM and Chrysler. No there was no money availalbe as every maker in the world was hurting last year. A few billion is a few days worth in the automotive world. - Doug W

4)   Yeah, the big 3 have the govt buffaloed.

All 3 are cash strapped. Chrysler is a fairly new company that is privately held and does not have the backing of a huge number of stockholders. Daimler still holds 20% of Chrysler, but Daimler is not interested in putting any more money into the company. Chrysler's intent is to eventually buy out Daimler.

But Ford and GM need Chrysler to keep out of monopolistic charges. For example, if there were only 2, and one of them did not offer a specific product, the other company could claim monopolistic practices and the lawyers would get rich at our expense. Back in the '60s, GM financed Chrysler's greater warranty program in order to keep Chrysler afloat.

If the car makers were smart, they would crank out a high quality model and private lable it to the other car makers. Like Toyota Matrix does for the Pontiac Vibe. Why should each company produce very similar models? All cars are going to look virtually alike because fuel economy dictates a shape that moves through air efficiently. - gladiolus

5)   Nelle, Chrysler was having a hard time like GM when everything crashed in late 2008. Ford never asked for government bailout. None of the 3 major care makers have a parent company to go to. They are the parent company. Chrysler went through this in the late 1970s' and borrowed around 4 and a half billion to try to get back on it's feet. Chrysler did just that within a few years and even paid the money back with interest to Uncle Sam before it was due. I'll bet they do the same this time. GM has already paid theirs back with interest.This is good business for the government and all involved because people can keep their jobs and the trickle down effect from the big auto makers is tremendous. It keeps thousands of people who don't even work for the big 3 employed. The government loans billions of dollars to foreign countries and make lots of money back in interest every year. The government is like a bank, it loans out money and takes it back in payments and interest to other countries. What is wrong in it loaning money to companies here in the states that helps people here? - Jackolantern

6)   The way they ended up with money was to sit around in nice suits and convince other people to let them use their money. It’s called using other People’s Money, or OPM. In that business you never leave any cash on the table. Other People’s Cash. If legislators are dumb enough to stack the thousand dollar bills to the ceiling, no Wall Street type is going to leave a dollar on the table.

And they don’t have that much money either. You see money is *all* they have. Once that is gone the show is over. No more yachts and cigars. And if you publicly blow all your money on a bad investment, the OP are somewhat reluctant to let you manage any more of their M. - unbelied

7)   management of these companies without restrictions who screwed up and, in the case of Bank of America, won't give a loan to that company where the employees are picketing. And all of those bonuses and golden parachutes that are being paid to those executives with our money. Who is protesting against that? Not enough people that I can see. But I do believe this feeling against the Big 3 is a backlash.

The loan (not bailout) is being given to the Big 3 so that our last manufacturing base in this country (thanks to the Bush administration) does not go under. Manufacturing cars has always been a tremendous industry in our country, and in WWII the assembly lines converted to war production and helped us win the war. This is a gift to main street, the hourly guy who breaks his back everyday for maybe $28 per hour (not the $72 talked about). If we allow them to go belly up, there are about 3 millions jobs across the U.S. that will go under because they are small businesses that get their income from the auto industry. You are talking of crippling Michigan, Indiana and Ohio. This will tip us over into a real Depression. This is a lot like locking the barn after the horse has run away. You think things are bad now, just let the Big 3 go under.

I admit that the public is disgusted with the previous bailouts, but the emphasis on punsihing the Big 3 for the others, is unfair. The automobile companies are guilty in the past of riding the gravy train, but so was everyone else, the American public for instance. How much have you charged to credit cards? Can you pay your mortgage? Let's get real.

I come from Michigan and know how much the Big 3 supports the Mid-west. My family is still there and things are so bad now with layoffs that there are a rash of home robberies going on now. People are afraid that if the Big 3 goes down, the state will become a welfare state and crime will become rampant.

But, as I said, this loan affects main street, not corporate executives, and we have enough people floudering because of the home failures, let alone adding a 3 million job loss to the burden that Obama will take over in January.

To put things in perspective, Bush just bought a $2 million house in Dallas where he will reside after his presidency. He gets us in two wars, bankrupts the surplus, in debt to China, and leaves us with a near disaster of an economy. Why isn't anyone angry about that?

It's smart business to save the Big 3, and it's a loan people not a bailout. - counterexample


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Question 2
Should I buy an '07 Chrysler 300 that has 107,000 miles?...  I can get it for about 10K, but I wonder how Chryslers are after they hit 100,000 miles, are they still reliable?

Answers
1)   I wouldn't buy any three year old car with 100,000 miles. You're just asking for trouble!


.. - cyclone1164

2)   Yea 100k in 3 years is a lot of driving, the engine could experience problems soon - Marc

3)   No, it's asking for trouble. - Van Bo

4)   Never buy a Chrysler. and in this case. No way. - identity

5)   Chryslers are awesome cars but if they've put over 100,000 miles on it in 3 years then you're bound to experience some problems soon. Most likely they've just been running it into the ground. Don't do it, especially for 10k. you can get something a lot nicer - Amburrrrr

6)   It may need some normal maintanance soon, but I'll bet the engine is just fine. If a 3.5, I'd put a timing belt and water pump in it and go. All my mopars have 100k when I get them, but I get them for way less than 10 grand. - done wrenching


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Question 3
Chrysler 300 wont switch gears?...  I drove my 2005 Chrysler 300 to a friends house and when I was trying to leave I couldnt get it off of parking, I've tried everything and I cant find the problem. It wont go into Drive, Reverse, Neutral, anything, it'll only stay in park. Any ideas as to how I could get it to work? I've never had any previous problems with it

Answers
1)   Make sure your foot is on the brake.

Also make sure the battery isn't dead. - This Guys Sez

2)   Your shifter has broken. You can override the safety lock by removing the small square plastic button on the shifter, place a screwdriver (or pencil or pen) into the hole to press down on the release lever. Turn the key to the on position, place your foot on the brake, and move the shifter to neutral. Start the engine and drive away. Good luck. - C-Tech

3)   your tranny could be out, take it to a mechanic professional for friend if you have one who u can trust. - winchelleldonut

4)   Is the stick gear sticking.
is your e-brake on?
if its nothing of them then take it to a machinc - Jacob B


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Question 4
how do I change the A/C Evaporator core in a 1999 chrysler LHS?...  

Answers
1)   Big job, dash has to pretty much come out. - done wrenching

2)   The easiest way to change it is to take it to your local shop and pay them to do it for you.

If you insist on trying to tackle this job yourself, then you need to first buy a repair manual for the vehicle. Go over everything involved in completing this job, reading it thoroughly so you understand fully what is involved in doing the repair. This will show you just how complicated it will be and exactly what's involved in replacing the evaporator.

If you still think you want to do it after that, then set aside a weekend and go for it with the manual right there and making sure you follow every step and get everything put back together the way it's supposed to be.

If you do still decide to do it, GOOD LUCK! - Mark B

3)   Well kr, When we had customers come to us who wanted to do their own repairs, we would get the service manual and print them off the page(s) for that repair which has pictures of the procedure along with written instructions. See if a dealer around you will do you the same courteous. Otherwise, there are web sights that should have the same. And yes, the dash has to come out to get to the AC/heater assembly.....sorry. - Jackolantern


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Question 5
I am replacing the a c compressor on 2001 chrysler town & country Do I need to replace expansion valves?...  If I do need to remove expansion valves do I need to buy a special tool called a expansion valve tube remover or is there another way to get them off?

Answers
1)   you don't need to replace expansion valve. Just make sure compressor has proper amount of oil, and system is properly evacuated. - badbill1941

2)   Not unless the compressor went out and dumped a lot of trash in the lines and stopped the valve up. But that is unlikely because the filter should stop any trash from reaching the valve which isn't really a valve but a capillary tube. - Jackolantern


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