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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (435139)11/16/2008 5:29:03 PM
From: tejek  Read Replies (1) of 1575511
 
Owners of the current-model-year Dodge Avenger, for example, have had to deal with six recalls. The depreciation and true market value of Avenger only ranks at two stars (out of a possible five) in the Automotive Leasing Guide, which provides depreciation estimates for use in the automotive financing industry.

And experts see no signs of Chrysler making quality improvements across the board, because the company currently lacks the financial resources to do so. It also remains unclear if the company has the means to hang on until auto sales revive.

Of course, the private equity firm, Cerebus, say everything is fine at Chrysler. Right........wrong!

Its amazing how badly run American car companies are.
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