mopain
Nitro Member
Whats next, George Steinbrenner buys the Red Sox?
Report: GM in talks to buy Chrysler - Automotive - MSNBC.com
Report: GM in talks to buy Chrysler - Automotive - MSNBC.com
Nitromater
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GM in talks to buy Chrysler
- Thread starter mopain
- Start date
Too many to list here
Nitro Member
The World is coming to an end!!!!!!!!!
My nephew,9 yrs old, saw this today and just kept saying over and over ..
"This can't happen,this cant happen,this cant happen........."!!
He's Mopar all the way.With a little help from me!!
My nephew,9 yrs old, saw this today and just kept saying over and over ..
"This can't happen,this cant happen,this cant happen........."!!
He's Mopar all the way.With a little help from me!!
Last edited:
Jenn
Nitro Member
GM buying Chrysler? Don't count on it - The Driver's Seat - MSNBC.com
Looks like more of an alliance than a buy out.
Looks like more of an alliance than a buy out.
Is it possible that we are not far off from 1 major us automaker? Gm, Ford and Chrysler all becoming one super company?
I would be surprised to see GM buy them since they are emerging from a crisis themselves, howver if they want to maintain the #1 status, buying mopar would increase their market share instantly.
I read yesterday that Hyundai is also interested in buying them. This would make a little more sense as Hyundai would love the dealer netwrok that Chrysler has and they already have some cooperative programs that they work on.
I would be surprised to see GM buy them since they are emerging from a crisis themselves, howver if they want to maintain the #1 status, buying mopar would increase their market share instantly.
I read yesterday that Hyundai is also interested in buying them. This would make a little more sense as Hyundai would love the dealer netwrok that Chrysler has and they already have some cooperative programs that they work on.
HEMI6point1
Nitro Member
Over at GM Inside News that had a contest for people to design Chrysler vehicles that were based on GMs. All I had to say was "yuck." 
ProStockJunkie
Nitro Member
Subject: MSNBC breakin news: Daimler Auctions Chrysler Group on Ebay
with Buy-It-Now option.
11:35AM, Stuttgart, Germany
MSNBC breaking news: Daimler Auctions Chrysler Group on E-Bay with
Buy-It-Now option.
DaimlerChrysler has taken the initiative and listed their troubled
Chrysler division on the auction site "eBay". Listed as a No Reserve
auction, with a "Buy it Now" option, the listing is the largest ever
placed at the on-line auction house.
The listing states:
"Large, somewhat profitable, American division of DaimlerChrysler.
Worked great in the past, but has had a few problems staying running.
Needs a hefty tune-up. Does not come with $14 Billion in liquid assets
shown in photos (removed in 1998 by Daimler to help streamline and
lighten the cash heavy laden wealthy organization). Recently lost $1.2
Billion (in potential sales), even though it sold most of its 2006 year
vehicles and posted records in several areas of sales. Although sucked
dry by its merger partner, may show potential in the future due to
superior engineering and design over current parent company.
Buy It Now and get free shipping of all unwanted employees to another
state, 2000 new engineers and designers (East Asian Nationals - our
choice of off-shore locations), and a autographed photo of Bob Eaton
with Juergen
Shremps lip prints on it. BIN price: $4.1B
THIS IS A NO RESERVE AUCTION! Remember that all debts must be paid to
the seller within 72 hours of auction close or an undisclosed secret
local auto company like GM may be allowed a second chance bid... Oops."
with Buy-It-Now option.
11:35AM, Stuttgart, Germany
MSNBC breaking news: Daimler Auctions Chrysler Group on E-Bay with
Buy-It-Now option.
DaimlerChrysler has taken the initiative and listed their troubled
Chrysler division on the auction site "eBay". Listed as a No Reserve
auction, with a "Buy it Now" option, the listing is the largest ever
placed at the on-line auction house.
The listing states:
"Large, somewhat profitable, American division of DaimlerChrysler.
Worked great in the past, but has had a few problems staying running.
Needs a hefty tune-up. Does not come with $14 Billion in liquid assets
shown in photos (removed in 1998 by Daimler to help streamline and
lighten the cash heavy laden wealthy organization). Recently lost $1.2
Billion (in potential sales), even though it sold most of its 2006 year
vehicles and posted records in several areas of sales. Although sucked
dry by its merger partner, may show potential in the future due to
superior engineering and design over current parent company.
Buy It Now and get free shipping of all unwanted employees to another
state, 2000 new engineers and designers (East Asian Nationals - our
choice of off-shore locations), and a autographed photo of Bob Eaton
with Juergen
Shremps lip prints on it. BIN price: $4.1B
THIS IS A NO RESERVE AUCTION! Remember that all debts must be paid to
the seller within 72 hours of auction close or an undisclosed secret
local auto company like GM may be allowed a second chance bid... Oops."
Dougster
Nitro Member
Loved that eBay listing, Jackee...
This thing has me wondering, "What the hell are they (GM) thinking?" GM is hemorraghing cash on a weekly basis, is shedding employees as quickly as the UAW will let them, has been looking to Renault/Nissan to bail them out and now they're thinking they'll buy Chrysler? Yes by all means take on a few more billion dollars of debt. I guess they'd have less competition, but the competition that GM (and Ford, and Chrysler) need to worry about is Toyota, Honda, BMW, etc.
This thing has me wondering, "What the hell are they (GM) thinking?" GM is hemorraghing cash on a weekly basis, is shedding employees as quickly as the UAW will let them, has been looking to Renault/Nissan to bail them out and now they're thinking they'll buy Chrysler? Yes by all means take on a few more billion dollars of debt. I guess they'd have less competition, but the competition that GM (and Ford, and Chrysler) need to worry about is Toyota, Honda, BMW, etc.
