Chrysler Thank You Ads Make America Cringe with Anger
By Thami Masemola
December 31, 2008 5:14 PM
Filed Under: American, Chrysler, Corporate/Financial, Industry
Chrysler's gesture of goodwill appears to have backfired on the US carmaker. For about a week Chrysler took out advertisements in some of America's highest circulating newspapers, thanking Americans for their ‘investment' in the company through the US government's multi-billion-dollar bailout plan.
"On behalf of the 1 million people who depend on Chrysler for their livelihoods, thank you for investing in Chrysler, and America," says the statement, signed by CEO Bob Nardelli on behalf of Chrysler.
Ads were taken out in newspapers like USA Today and The Wall Street Journal where prices for placement of a full-page ad can range between USD $206,000 - $264,000 and $112,000 and $217,000 respectively. Unfortunately a backlash has ensued.
"It's quite ridiculous to be spending that kind of money," says Princella Smith, national spokeswoman for American Solutions, an organisation headed by former Republican House Speaker Newt Gingrich. "Those ads are just a precise example of the fact that they do not get it ... and it's just in our faces."
Americans for Tax Reform President Grover Norquist told FOXNews.com that the company should return all that money. He said: "Years ago there was a robber who was really polite. He said please and thank you while he was robbing people. At the end of the day, people had their money stolen. Saying thank you doesn't make it OK. They should give the money back."
Some reactions on Chrysler's blog: click here
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Comments
I was just about to jump on the angry bandwagon until I read your post. I stand corrected, or at least somewhere in between.
All in all, I am more upset that they released this add in Print; in the WSJ and New York Times... Most Americans do not read these 2 media outlets. They should have tried to increase their saturation to the American people.
Some of you fail to realise just how bad things would be if the companies failed. They said thanks, people should STFU.
It is an absolute joke that the CEO's mentioned that they will take $1 salary of they get the bailout... well maybe they are not even worth that $1. They clearly have no shame!
Seriously, Nardelli's got crap in his head.....
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