Every year, Chrysler rewards its top dealers with an all-expenses paid trip to some exotic location. But with the financial situation at the privately-owned automaker in the crapper, the Pentastar decided to cancel this year’s tour. Chrysler spokesman Stuart Schorr told the Detroit News that “the state of the market and the monetary challenges the company faces, it made signification not to hold this year’s reward meeting.” We’re sure the decision to cancel the trip to the Hilton Los Cabos Beach & Golf Resort in San Jose del Cabo, Mexico was monetarily motivated, but there are likely other motivating factors as well.
There is the matter of the $4 billion loan from the federal government that kept the doors open at the Auburn Hills, MI automaker. Chrysler already learned that spending money to thank Americans was in all probability a bad idea. The bigger lesson likely came from insurance giant AIG, who received major backlash for spending $440,000 to pamper top sales executives just days after receiving billions from the government. It’s good to see that Chrysler cancelled what sounds like a very fun trip, because the domestic auto industry doesn’t need any more negative press.
[Source: Detroit News]
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