Is Chrysler arrogant, lying, stupid, or all three?


Tom LaSorda, vice chairman and president of Chrysler has a message for reporters: "We're not selling any brands, like a Jeep stand alone. We're just not doing that."

What? Chrysler goes begging for taxpayer money from the government because it was on the brink of running out of cash to fund operations and then dismisses out of hand the idea of selling off brands to position itself to survive.

Mr. LaSorda's comments are indicative of the arrogance of the United States auto industry, and his lack of flexibility will probably be a major cog in the downfall of Chrysler. Why would he completely write off the idea of selling brands? Wouldn't it make more sense to evaluate every single option for saving the company?

Chrysler is in crisis mode, and Mr. LaSorda doesn't have the luxury of dismissing any ideas for shoring up the company's balance sheet.

He should be let go as a condition for the company receiving any more funding from the government.

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