Let’s be honest. Chrysler is RIP. Today’s announcement that Chrysler has 30 days to make a deal with Fiat does nothing but forestall the inevitable. To get the Fiat deal done, creditors must allow Chrysler to default on loans. Why would they do that, if they simply force Chrysler into bankruptcy? After all, 10 cents on the dollar is better than nothing. So let’s assume that Chrysler is heading for that big Chapter 11 (or 7) in the sky. Now what?
I think it’s pretty safe to say that we won’t see anybody buy Chrysler/Dodge/Jeep lock, stock and pistons. Nope, the parts will be worth (marginally) more than the sum of the companies. Chrysler itself is worthless – the only two vehicles they have that are in anything close to what resembles demand are the Town & Country minivan and the 300 sedan. Neither is currently considered best-0f-breed. Chrysler can sink into the sunset with few tears from the great unwashed. Continue reading Who gets Jeep?→
As many of you may know, I’m a big fan of Jeeps. This has not always been the case. It’s really an outward and visible sign of an inward and invisible change in my thinking, thanks to 9/11. Sound odd? Read on…
Let me start by saying that I’m not your typical “car guy.” I didn’t grow up with my hood under an engine, and I’m not an expert in all things automotive. I did spend a couple of years working in automobile advertising, and I’ve owned twelve vehicles over my adult life, three of which have been Jeep products. I drive – a lot – and I know what I like. Those are my qualifications. Don’t look to me to talk about gear ratios, drag coefficients, and other arcane topics. I just wanna know if the vehicle drives well, handles well, is well-made, and will suit my purpose. That having been said… Continue reading 2007 Jeep Wrangler: First Impressions→