As Chrysler faces financial challengers, the company has canceled its annual getaway that rewards top-performing dealers. Chrysler told dealers this week that it would not send representatives from 300 dealerships to the Mexico for five days to stay in the Hilton Los Cabos Beach & Golf Resort in San Jose del Cabo.
While many taxpayers probably think that’s the right thing to do – others are angry at Chrysler for thanking them for investing in Chrysler. That’s right – Chrysler is facing major backlash from taxpayers after running a series of full-page news paper ads last week thanking Americans for investing in the company via the $17.4 billion federal loan.
Angry critics are saying that Chrysler, who is about to get $4 billion of the bailout money, should not be spending on expensive advertisements. A full-page ad in The Wall Street Journal runs between $206,000 and $264,000. The same spec ad goes for between $112,200 and $217,000 in USA Today.
“It’s quite ridiculous to be spending that kind of money,” Princella Smith, national spokeswoman for American Solutions, told Fox News. “Those ads are just a precise example of the fact that they do not get it … and it’s just in our faces.
Chrysler – Thank You America:
Source: Detroit News