• Nov 16th 2009 at 12:59PM
  • 231
It looks like everyone is thinking about Chrysler these days. First it was former DaimlerChrysler CEO (and current Daimler CEO) Dieter Zetsche offering advice to Fiat CEO Sergio Marchionne. Now it looks like former presidential contender and current Arizona Senator John McCain not only thinks that bailing out the ailing automaker was a bad idea (even though he supported bailing out Detroit during his 2008 presidential campaign), he thinks that Chrysler has no future. Here's a quote that comes via The Detroit News:
"It was all about the unions. The unions didn't want to have their very generous contracts renegotiated so we put $80 billion into both General Motors and Chrysler, and anybody believes that Chrysler is going to survive, I'd like to meet them."
While McCain's never been one for pulling punches, this may be one head butt over the top. Chrysler declined to comment on McCain's statements. Ironically, McCain made his comments while serving as grand marshal of a NASCAR event at the Phoenix International Raceway as Dodge announced its new Nationwide Series Challenger racer.

[Source: Detroit News | Photo by Christian Petersen/Getty]

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    • 1 Second Ago
      • 5 Years Ago
      I own a 2005 Dodge Caravan. You can see why I want Chrysler to fall! Call it revenge for building crappy motor vehicles! Their own service department has given me a dozen reasons to buy a Toyota Sienna!
      • 5 Years Ago
      "The unions didn't want to have their very generous contracts renegotiated" - What a joke! McCain will never know how it is in regular America. The autoworkers "contract" has already been renegotiated 3 times since 2007. That's not even a contract anymore. Also the UAW workers have not had a pay increase in 7 years. They are layed off almost as much as they work. They work very hard for their money as do construction workers and others who make a similar wage. And as typical of large American companies, why do they keep going for the hourly guy in the company who does all the hard, heavy work, and keep trying to take from them, when the top guys all make anywhere from $10 - $21 million? And thats not even counting their multi-million dollar bonuses and perks. If the execs really want their companies to succeed, they should agree to some concessions and help out - show some loyalty to the companies that have given them such lavish lifestyles that the typical autoworker can only imagine!
      Andrew Castillo
      • 5 Years Ago
      Even if Chrysler ultimately doesn't make it... I wouldn't doubt John McCain would be alive to see it.

      Remember: Chrysler does have Sergio Marchionne. People said the same thing about Fiat when they were in trouble and he saved that company. I think he'll be to do the same for Chrysler.
      • 5 Years Ago
      The way McCain says this leads me to believe he had his arm twisted behind his back to make him vote for the bailout in exchange for full support of the party. Chrysler is going to fail and most likely GM in the long run. Most people to not like the fact that the unions were paid off with taxpayer money. Chad stop drinking the Kool-Aid. If losing the less than 200k jobs would have been a death blow to the economy, then it is already dead since we have lost millions regardless. That liberal logic doesn't hold up. What you meant to say was that it would have been the death of the union. Which makes sense because when the host dies the parasite dies with it. Paul, you need to stop looking at companies as entities that exist for employment only. They are there to make a profit. If they fail to do that they go away. Companies do not exist for the sole purpose of pumping taxpayer money down the drain so unions can get rich. We have to pull the plug sometime. I know libs want to keep the life support going so the parasite can live, but it is time to die. Just look at which big 3 is now on top. Ford is because they did not drink the Kool-Aid. Liberals are parasitic in nature. They want to live off of others. The libs have spent themselves out of favor with America. It is time to die libs. The weak do not survive. It is just a law of nature and you have to accept that you are weak and can not fend for yourselves.
      • 5 Years Ago
      Mc cain is a sore looser and should just keep his mouth shut!
      In my book he is worthless!
      • 5 Years Ago
      lol these words of wisdom comming from this nitwit that thought he would be president now lmao
      Swamp Dredger
      • 5 Years Ago
      Sure, blame it on the unions as if the management of the Detroit car companies had nothing to do with their decline. The fact is that in the pursuit of profits and big money, the top management of these companies ignored the improved quality, better gas mileage, faster time to market and better management of Japanese companies for better than two decades. The decline of the US auto companies started in the early 80's (read any of the well researched books from MIT and Harvard Business School on the decline of the US auto industry).

      How do you explain that Japanese and German companies have built successful manufacturing plants in the US that pay almost as much in salary as Detroit and provide generous 401-K plans. An even more telling event was the NUMI joint venture between
      GM and Toyota in California. Japanese flow manufacturing designs and willingness to listen to employee's improvement suggestions turned one of the worst GM plants for scrap and quality into one of the best.

      Unfortunately, this is just the latest manufacturing industry that has fallen apart in the US because of the same problem. Most of our manufacturing companies are run by a bunch of bean counters that look back at, and are measured on, last quarter's profits all the time. They don't spend enough time looking forward and focusing on investment in new leadership processes and products and workforce development.

      • 5 Years Ago
      Chrysler yes they had there problem are they gonna go out no and heres why ther are very few american who still BELIEVE IN AMERICA and BUY AMERICAN MADE CARS. AMERICAN MADE CARS are the BEST these little forgein pieaces of crap are JUNK if you believe that you need to buy a forgein car go to the country fron which it is from and buy gas from them not our country cause we didnt create crap cars other countries. The only best cars in the world are made by GM, FORD, CHRYSLER the Big 3 will live on FOREVER!!!!!!!!
      • 5 Years Ago
      Unions are just greedy anymore...... They no longer serve a real purpose. If they had cut some of their benefits and pay like everyone else....NOOOOOO, they want money from government..... If there was no money under the Busch administration to fight a war...... then please tell me where all this money is coming from for the Obama administration........ the well is dry oh so dry....
      • 5 Years Ago
      I agree, He is right! FORD did not take bailout money and are doing OK. In fact the FORD Focus was the only American car on the top 10 list of cars that people bought under cash for clunkers.......... People used to think Pan Am was too big to fail...........
      • 5 Years Ago
      Anyone who thought getting Sara Palin to run as vice president with them would do the trick and win the presidency shouldn't be taken seriously.
      • 5 Years Ago
      The labor unions have put the american car makers in the toliet. More more and more
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