tag:blogger.com,1999:blog-32838402.post2360851010966957367..comments2024-03-24T20:34:23.967-06:00Comments on Family and Friends blog: The Value of the MustangP M Prescotthttp://www.blogger.com/profile/12973205373056561583noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-32838402.post-79325155700885319372009-04-04T13:57:00.000-06:002009-04-04T13:57:00.000-06:00Cerberus Capital's only mistake in my opinion was ...Cerberus Capital's only mistake in my opinion was hiring ex-Home Depot CEO Bob Nardelli--an idiot. Lee was good, but a guy who gets overlooked is Gerald Greenwald, Lee's CFO. Chrysler historically never seemed to be quite up to the quality/durability standards of GM or Ford in my view. I recall the excitement of the 1968-70 muscle car years with The Charger, Challenger, Dart and Road Runner. But Daimler ruined Chrysler. Remember, they said it would be "a merger of equals", then once they took control, they admitted lying and said it was a full takeover. They ran the company into the ground and now Chrysler reminds me of the saga of Studebaker in 1964 turnng to a Hamilton, Ontario plant to build trucks. GM let their brands go to hell and they never adapted. I was against the bailout. You and I are paying for nothing but a waste of time and money. Had they run their dealerships like their Saturn brand maybe they would have fared better. Bottom line: No marketing differentiation and bad management with no innovation. God, I miss John DeLorean!Anonymoushttps://www.blogger.com/profile/16539850495318868267noreply@blogger.comtag:blogger.com,1999:blog-32838402.post-56000835706573053882009-04-02T17:07:00.000-06:002009-04-02T17:07:00.000-06:00Good points. We still need a really cheap vehicle!...Good points. We still need a really cheap vehicle!One Flyhttps://www.blogger.com/profile/11108040947857599256noreply@blogger.com