Chrysler Bankruptcy Term Paper by jaberwocky

Chrysler Bankruptcy
A discussion of the recent Chrysler declaration of bankruptcy.
# 115356 | 1,616 words | 7 sources | MLA | 2009 | US


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Description:

The paper overviews the background and history of the Chrysler company and explains the company's many mistakes in the past and more recently that has led them to their current bankruptcy situation. The paper discusses Chrysler's current filing for Chapter 11 bankruptcy and their planned merger with Fiat. The paper recommends that Chrysler follow the strict government regulations, pay back their debt, and manufacture cars that meet the American consumers' updated demands in order to have a chance of survival.

Outline:
Background
History
Current Situation
Conclusions and Recommendations

From the Paper:

"Chrysler, an automobile company that has been in business since 1925, is one of the most well-known automobile manufacturers in the world. With a history of many ups and downs, Chrysler has managed to weather several economic calamities. All of these situations, as well as the current economic climate, have been leading up to Chrysler's current financial crisis. Their recent declaration of bankruptcy may be a shock to many, who see the Detroit automobile companies as one of the cornerstones of the American economy. But to those people who have studied the company's history, their current situation is of no surprise."

Sample of Sources Used:

  • "Chrysler" Wikipedia: The Free Encyclopedia. 4 June 2009. <http://en.wikipedia.org/wiki/Chrysler#Founding_and_early_years>
  • "FACTBOX: Highlights of Chrysler's restructuring plan". Reuters. 17 February 2009. <http://www.reuters.com/article/ousiv/idUSTRE51G70Y20090218>
  • Flock, Jeff. "Chrysler CEO Tells Employees the Sale to Fiat Is About to Begin". Fox Business. 27 May 2009. <http://www.foxbusiness.com/story/markets/industries/transportation/chrysler-ceo-tells-employees-sale-fiat-begun/>
  • Hickel, James K. "The Chrysler Bail-Out Bust". The Heritage Foundation. 13 July 1983. < http://www.heritage.org/research/regulation/bg276.cfm>
  • Mullin, Michael. "Preparing for War: Chrysler military production, 1940-1942". WPC News. February 1985. http://www.allpar.com/history/military/preparing.html

Cite this Term Paper:

APA Format

Chrysler Bankruptcy (2009, July 17) Retrieved August 08, 2022, from https://www.academon.com/term-paper/chrysler-bankruptcy-115356/

MLA Format

"Chrysler Bankruptcy" 17 July 2009. Web. 08 August. 2022. <https://www.academon.com/term-paper/chrysler-bankruptcy-115356/>

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