This is it. No more messing around, a line has been drawn in the sand. Either Chrysler gets a $7 billion helping hand or it’s bye-bye. The company’s CEO, Bob Nardelli, will ask Congress this week for a $7 billion bridge loan by Dec. 31 to help Chrysler “survive until market conditions improve.

According to Chrysler’s plan, the loan will help reassure “suppliers, customers and employees that the company will make it through this extraordinary time in our nation’s economy.” But ultimately it is easy to see that Chrysler is taking on water fast. The problem with this sinking giant isn’t the recent developments in our economy, oh no. The problem with Chrysler is that overall their cars suck, period.

The 300C was a bright spot in current Chrysler history, but the rest can easily be forgotten. The Crossfire? Could have had potential with a better engine and an interior that didn’t look like it was made of melted army men toys. The new Sebring? What a horrible use of the name of one of America’s premier and historical racetracks, this thing is a disaster, just look at it! Chrysler vehicles have constantly scored low on crash tests and are always included in the “not recommend” section of magazines like Edmund’s and Consumer Reports. 

You see, Congress could give Chrysler money, but would it matter? Is Chrysler really worth saving? The only thing Chrysler creates is jobs, ’cause it sure doesn’t create good cars. In my opinion, this is a company that has existed solely on the fact that it’s wedged itself in a country’s economic infrastructure. If there weren’t so many American jobs tied to this mess of an automaker, it would have been gone a long time ago…

Source: Auto Week