Ron Bloom's role in the bankruptcy and re-emergence of Chrysler and General Motors has proven that his experience driving negotiations with the United Steelworkers union is portable. Pushing the two automotive giants through restructuring in an impressively quick manner has given the Obama administration the impression that Mr. Bloom (far left) is a good choice to head up a manufacturing overlord position which will focus on building that sector of America's economy back up. An appointment annou
Chrysler summer-long Employee Pricing incentive ends today and is being replaced by a good old fashion Zero Percent Financing deal. The new deal applies to all 2006 models, which means Chrysler is eager to reduce the inventory of its dealers to make room for a flood of new products it plans on introducing this year, including the Chrysler Sebring and Aspen that were given prices today by the company.
Today General Motors announced that it will be offering an extra $500 to $1,500 in bonus cash on most 2007 and 2007 models. The offer is part of GM's Labor Day sale and the company stresses that it's not backing away from its value pricing push. The new rebates are in addition to the current low-interest financing offers and any other cash bonuses currently being offered in one's region.