Re: Dana Corp files for bankruptcy
"mabar" <xyzz4569@fastmail.fm> wrote in message
news:4408ef0a_1@newsfeed.slurp.net... >I wonder how this will affect Jeep? > > http://quote.bloomberg.com/apps/news...fer=news_index 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 |
Re: Dana Corp files for bankruptcy
"mabar" <xyzz4569@fastmail.fm> wrote in message
news:4408ef0a_1@newsfeed.slurp.net... >I wonder how this will affect Jeep? > > http://quote.bloomberg.com/apps/news...fer=news_index 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 |
Re: Dana Corp files for bankruptcy
"mabar" <xyzz4569@fastmail.fm> wrote in message
news:4408ef0a_1@newsfeed.slurp.net... >I wonder how this will affect Jeep? > > http://quote.bloomberg.com/apps/news...fer=news_index 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 |
Re: Dana Corp files for bankruptcy
Hi Sandman,
I think the Dana Corporation has already moved off shore: 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 mailto:-------------------- http://www.----------.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 |
Re: Dana Corp files for bankruptcy
Hi Sandman,
I think the Dana Corporation has already moved off shore: 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 mailto:-------------------- http://www.----------.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 |
Re: Dana Corp files for bankruptcy
Hi Sandman,
I think the Dana Corporation has already moved off shore: 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 mailto:-------------------- http://www.----------.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 |
Re: Dana Corp files for bankruptcy
Hi Sandman,
I think the Dana Corporation has already moved off shore: 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 mailto:-------------------- http://www.----------.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 |
Re: Dana Corp files for bankruptcy
"Lon" <lon.stowell@comcast.net> wrote in message news:rNmdnZscBPAzZpXZRVn-rA@comcast.com... > mabar proclaimed: > > > I wonder how this will affect Jeep? > > > > http://quote.bloomberg.com/apps/news...fer=news_index > > > > > 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 *** |
Re: Dana Corp files for bankruptcy
"Lon" <lon.stowell@comcast.net> wrote in message news:rNmdnZscBPAzZpXZRVn-rA@comcast.com... > mabar proclaimed: > > > I wonder how this will affect Jeep? > > > > http://quote.bloomberg.com/apps/news...fer=news_index > > > > > 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 *** |
Re: Dana Corp files for bankruptcy
"Lon" <lon.stowell@comcast.net> wrote in message news:rNmdnZscBPAzZpXZRVn-rA@comcast.com... > mabar proclaimed: > > > I wonder how this will affect Jeep? > > > > http://quote.bloomberg.com/apps/news...fer=news_index > > > > > 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 *** |
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