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Dana Corp files for bankruptcy
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Dana Corp files for bankruptcy
Sad, they can't make it here, they even supply the Japanese rear
wheel drive gears. God Bless America, Bill O|||||||O http://www.billhughes.com/ mabar wrote: > > I wonder how this will affect Jeep? > > http://quote.bloomberg.com/apps/news...r=news_inde x |
Dana Corp files for bankruptcy
mabar proclaimed:
> I wonder how this will affect Jeep? > > http://quote.bloomberg.com/apps/news...r=news_inde x > > It is legal to summarize a story or quote it in fair use for review. That doesn't look like a dissolution type bankruptcy, more to renegotiate terms with lenders, break contracts, etc. As for the customers of Dana, bankruptcy courts have collection powers that would make Tony Soprano envious. Don't see directly why it would affect Jeep at all unless they, like some companies, have internal rules prohibiting new contracts or purchases from companies in bankruptcy. |
Dana Corp files for bankruptcy
"mabar" > wrote in message
... >I wonder how this will affect Jeep? > > http://quote.bloomberg.com/apps/news...r=news_inde x winchester, dana, so many others......this is what happens when you sell your soul to china, one walmart basket full of chinese crap at a time. -- Nathan W. Collier http://UtilityOffRoad.com http://7SlotGrille.com http://InlineDiesel.com http://BighornRefrigeration.com http://ConcealedCarryForum.com |
Dana Corp files for bankruptcy
Hi Sandman,
I think the Dana Corporation has already moved off sho http://www.google.com/search?hl=en&l...22&btnG=Search There's something about the Dana 44 ring and pinion used in the Rubicon and Toyota that tells me they are made in China: http://xjeep.dyndns.org/trulok/index.html God Bless America, Bill O|||||||O http://www.billhughes.com/temp/dana44ring1.jpg "Nathan W. Collier" wrote: > > winchester, dana, so many others......this is what happens when you sell > your soul to china, one walmart basket full of chinese crap at a time. > > -- > Nathan W. Collier > http://UtilityOffRoad.com > http://7SlotGrille.com > http://InlineDiesel.com > http://BighornRefrigeration.com > http://ConcealedCarryForum.com |
Dana Corp files for bankruptcy
"Lon" > wrote in message ... > mabar proclaimed: > > > I wonder how this will affect Jeep? > > > > http://quote.bloomberg.com/apps/news...r=news_inde x > > > > > It is legal to summarize a story or quote it in fair use for review. > That doesn't look like a dissolution type bankruptcy, more to > renegotiate terms with lenders, break contracts, etc. As for the > customers of Dana, bankruptcy courts have collection powers that would > make Tony Soprano envious. Don't see directly why it would affect Jeep > at all unless they, like some companies, have internal rules prohibiting > new contracts or purchases from companies in bankruptcy. > Lon, Dana is not actually in default yet. They have a thirty day grace period on a missed bond payment. That bankruptcy court is going to place a higher priority on axle production than paying bills, at least in the near term. They have to do that, to preserve equity, so that there will be something for creditors to collect. For this reason, I don't think that there will be any interruption in axle supplies soon, although Jeep and its parents may reconsider their long term axle sourcing strategy. You can use transmissions and engines as a model for what may happen. Jeep has changed suppliers of transmissions and engines several times in the past, and the current Wrangler, for example, continues to look about the same as its predecessors. Earle *** Free account sponsored by SecureIX.com *** *** Encrypt your Internet usage with a free VPN account from http://www.SecureIX.com *** |
Dana Corp files for bankruptcy
looks like they filed under the new laws and those are alot stiffer then the b.r laws of
recent past, such as delphi used Lon wrote: > mabar proclaimed: > > > I wonder how this will affect Jeep? > > > > http://quote.bloomberg.com/apps/news...r=news_inde x > > > > > It is legal to summarize a story or quote it in fair use for review. > That doesn't look like a dissolution type bankruptcy, more to > renegotiate terms with lenders, break contracts, etc. As for the > customers of Dana, bankruptcy courts have collection powers that would > make Tony Soprano envious. Don't see directly why it would affect Jeep > at all unless they, like some companies, have internal rules prohibiting > new contracts or purchases from companies in bankruptcy. |
Dana Corp files for bankruptcy
Yup, and GM & Ford because everybody in the country these days are driving
their pretty new Toyotas and Hondas. How easily people forget. My old granddad would roll over in his grave if I ever bought a Jap. auto. Terry "Nathan W. Collier" > wrote in message ... > "mabar" > wrote in message > ... >>I wonder how this will affect Jeep? >> >> http://quote.bloomberg.com/apps/news...r=news_inde x > > winchester, dana, so many others......this is what happens when you sell > your soul to china, one walmart basket full of chinese crap at a time. > > -- > Nathan W. Collier > http://UtilityOffRoad.com > http://7SlotGrille.com > http://InlineDiesel.com > http://BighornRefrigeration.com > http://ConcealedCarryForum.com > > Posted Via Usenet.com Premium Usenet Newsgroup Services ---------------------------------------------------------- ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY ** ---------------------------------------------------------- http://www.usenet.com |
Dana Corp files for bankruptcy
And your great, great, great granddad would roll over in his grave if he
knew you were driving at all, instead of riding a horse. Where do you draw the line about living in the past? __________________________________________________ ___________________ 2003 TJ Rubicon * 2001 XJ Sport * 1971 Bill Stroppe Baja Bronco "There is a very fine line between 'hobby' and 'mental illness'." Pronunciation: 'jEp Function: noun Date: 1940 Etymology: from g. p. (G= 'Government' P= '80 inch wheelbase') A small general-purpose motor vehicle with 80" wheelbase, 1/4-ton capacity and four-wheel drive used by the U.S. army in World War II. __________________________________________________ ___________________ Terry Jeffrey wrote: > Yup, and GM & Ford because everybody in the country these days are driving > their pretty new Toyotas and Hondas. How easily people forget. My old > granddad would roll over in his grave if I ever bought a Jap. auto. > > Terry |
Dana Corp files for bankruptcy
Half my Ford is made of components made in Mexico.
GM and Ford are in financial dire straits because their labor costs are out of control, health insurance, pensions, etc. "Terry Jeffrey" > wrote in message ... > Yup, and GM & Ford because everybody in the country these days are driving > their pretty new Toyotas and Hondas. How easily people forget. My old > granddad would roll over in his grave if I ever bought a Jap. auto. > > Terry > > > "Nathan W. Collier" > wrote in message > ... >> "mabar" > wrote in message >> ... >>>I wonder how this will affect Jeep? >>> >>> http://quote.bloomberg.com/apps/news...r=news_inde x >> >> winchester, dana, so many others......this is what happens when you sell >> your soul to china, one walmart basket full of chinese crap at a time. >> >> -- >> Nathan W. Collier >> http://UtilityOffRoad.com >> http://7SlotGrille.com >> http://InlineDiesel.com >> http://BighornRefrigeration.com >> http://ConcealedCarryForum.com >> >> > > > > Posted Via Usenet.com Premium Usenet Newsgroup Services > ---------------------------------------------------------- > ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY ** > ---------------------------------------------------------- > http://www.usenet.com |
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