http://money.cnn.com/2009/05/06/autos/chrysler_may_incentives/index.htm?postversion=2009050611
Chrysler has set upp a new plan for restructuring it's methods to boost up sales. They have gone to desperate measures and ensured a 4,000 ebate on a new Chrysler. Their plan is to use this rebate to work through their bankruptcy and pay back the loans. This rebate plan was announced on Wednesday. The donfall is that the dealership is not responsible to cover car payments in case of emploment loss. Another is that they will not compensate loss car value if the company goes out of business. I chose this article because it interest me the most of how people may take this deal and rethink their choices. I dont feel that their is an agree or disagreeable standpoint. THis information has been presented the only way that it can be presented being truthful. I would recommend this source again.
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Wavy Boy, Your summary is a bit confusing. The rebate is money going OUT of Chrysler. How is that money going to be used to pay off debt? Do you mean that they're hoping to increase sales by cutting prices? Your summary of potential downfalls, though is absolutely correct. Do you agree with offering the rebate? How about not offering paycheck protection or protection if the company goes out of business?
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