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Ailing Chrysler wants another $3 billion of your money while underwriting a movie

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By Michelle Malkin  •  January 21, 2009 08:10 AM


Photoshop credit: George of Elegant Memories

Oink, oink, oink. Here comes failed automaker Chrysler again, demanding more of your money to save their asses — while they turn around and dump cash into a movie-making venture. They’ve got $4 billion in federal bailout money and are asking for another $3 billion to seal a deal with Italian car manufacturer, Fiat.

Chutzpah:

Chrysler’s got $4 billion in emergency aid from the U.S. government and has said it will seek another $3 billion in government loans. And yesterday it agreed to form an alliance with Italy’s Fiat as it looks for the road out of the woods.

(The Fiat deal fine print reportedly makes it conditional on Chrysler’s getting that extra U.S. loan.)

But the troubled auto maker is not letting its economic ails keep it from going to the movies.

Chrysler plans to help underwrite the fourth installment of the “Terminator” movie series, “Terminator Salvation,” where it will place its vehicles in cameo roles. The film is scheduled for release later this year. Financial terms of the sponsorship deal were not disclosed.

“This spring, Terminator 4 comes out and we will be one of the sponsors,” Chrysler director of media Susan Thomson said in a presentation at the Automotive News World Congress. “We have a following with the Terminator movies and we are going to continue with that.”

Operation Three Little Piggies Alert: How can they keep the terms of the film deal secret while they suckle from the public teat?

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