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Dodge could go under by end of the month, end NASCAR support

6 Comments Published December 18th, 2008 in NASCAR News

Although Chrysler/Dodge is publicly standing behind its NASCAR involvement for 2009, things look bleak for the ailing automaker.

A quote from ESPN.com:

The news Wednesday from Chrysler headquarters in Auburn Hills, Mich., was grim — the company will close all 30 of its manufacturing plants for a month beginning Friday because of sagging sales — but indications are the company’s involvement in NASCAR will not change.

An individual with knowledge of the situation said the closings will not alter Dodge’s involvement in NASCAR. Dodge has contracts with Gillett Evernham, Penske Racing and Petty Enterprises. All will be honored next season.

“Dodge will be back next year,” the official said.

Chrysler said in a release Wednesday that tighter credit markets are keeping potential buyers from the showrooms. With a slowing demand, the company said it must match production and save cash.

Multiple sources at Chrysler have indicated that without at least a $7 billion bailout from the Federal Government by the end of the year, the automaker would have to shut its doors. [Source: Forbes]

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6 Responses to “Dodge could go under by end of the month, end NASCAR support”  

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  1. 1 HendrickFAn Dec 17th, 2008 at 10:29 pm

    Bye Bye

  2. 2 gigolo george Dec 18th, 2008 at 3:39 pm

    I don’t know what to believe at this time.

  3. 3 Bigbob Registered User Dec 18th, 2008 at 4:51 pm

    What has Dodge done lately in NASCAR???

  4. 4 Other than give huge amounts of money and investment to racing, along with top drivers like Kurt Busch, Ryan Newman, Juan Pablo Montoya, and Kasey Kahne winning races… absolutely nothing. Dec 19th, 2008 at 10:17 pm

    Other than give huge amounts of money and investment into racing, along with top drivers like Kurt Busch, Ryan Newman, Juan Pablo Montoya, and Kasey Kahne winning races… absolutely nothing. Dodge hasn’t done a damned thing. Brilliant observation.

  5. 5 Bigbob Registered User Dec 20th, 2008 at 5:18 am

    Dodge just does not seem to be a contender week in and week out.

  6. 6 JG Registered User Dec 20th, 2008 at 1:43 pm

    Q: You know what a Dodge/Chrysler product sounds like when someone is trying to start it?

    A: I don’t wanna, I don’t wanna, I don’t wanna !!!

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