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#1
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D-C might become just D and C.
http://www.bloomberg.com/apps/news?p...kmg&refer=home Selected highlights: <q> DaimlerChrysler AG may sell or seek partners for its unprofitable Chrysler division, abandoning its vision of building a successful carmaker that sold luxury Mercedes-Benz sedans as well as Dodge pickup trucks.</q> <q>``We want to ensure that the core of Daimler can be protected from a possible financial downwards spiral at Chrysler,'</q> <q> Renault and Nissan may be a possible partner for Chrysler, </q> <q> Former Chief Executive Schrempp was heckled at most of the annual meetings by investors who demanded he sell the division.</q> <q> DaimlerChrysler is in talks with General Motors to sell Chrysler to the world's largest carmaker, Manager Magazine reported, citing unidentified company sources. The talks are at ``an early stage,'' it said. </q> -- "We began to realize, as we plowed on with the destruction of New Jersey, that the extent of our American lunatic fringe had been underestimated." Orson Wells on the reaction to the _War Of The Worlds_ broadcast. |
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#2
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D-C might become just D and C.
OMG! GM Talks? Doesn't GM make the Hummer? For all those who were
bashing the Germans for what they've done to Jeep just imagine what the manufacturers of the Hummer will do to Jeep. "DaimlerChrysler is in talks with General Motors to sell Chrysler to the world's largest carmaker, Manager Magazin reported, citing unidentified company sources. The talks are at ``an early stage,'' it said. Zetsche, during the press conference, declined to comment on the report. GM spokeswoman Renee Rashid-Merem had no comment." Lee Ayrton wrote: > <q> DaimlerChrysler is in talks with General Motors to sell Chrysler to > the world's largest carmaker, Manager Magazine reported, citing > unidentified company sources. The talks are at ``an early stage,'' it > said. </q> > > > > -- -- FRH |
#3
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D-C might become just D and C.
I doubt it, the reports in the Detroit news have been to the contrary. It
comes from pressure from the European shareholders to dump Chrysler but I don't think they will. "Lee Ayrton" > wrote in message .com... > > > http://www.bloomberg.com/apps/news?p...kmg&refer=home > > Selected highlights: > > <q> DaimlerChrysler AG may sell or seek partners for its unprofitable > Chrysler division, abandoning its vision of building a successful carmaker > that sold luxury Mercedes-Benz sedans as well as Dodge pickup trucks.</q> > > <q>``We want to ensure that the core of Daimler can be protected from a > possible financial downwards spiral at Chrysler,'</q> > > <q> Renault and Nissan may be a possible partner for Chrysler, </q> > > <q> Former Chief Executive Schrempp was heckled at most of the annual > meetings by investors who demanded he sell the division.</q> > > <q> DaimlerChrysler is in talks with General Motors to sell Chrysler to > the world's largest carmaker, Manager Magazine reported, citing > unidentified company sources. The talks are at ``an early stage,'' it > said. </q> > > > > -- > "We began to realize, as we plowed on with the destruction of New Jersey, > that the extent of our American lunatic fringe had been underestimated." > Orson Wells on the reaction to the _War Of The Worlds_ broadcast. > |
#4
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D-C might become just D and C.
Wouldn't it be great if Jeep broke off and became its own entity again?
Maybe then we could dump the libby, IFS, and get a small Jeep again. Wishful thinking I know. Sigh... |
#5
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D-C might become just D and C.
I ran across this...
Report: GM in talks to buy Chrysler Dale Jewett | | Automotive News / February 14, 2007 - 4:39 pm DaimlerChrysler is reportedly talking with General Motors about the possibility of GM's buying the Chrysler group, according to the German magazine Manager Magazin. The magazine cited company sources as saying the talks were in full swing but still at an early stage. The report came today as DaimlerChrysler AG said it was open to all options for the Chrysler group. Chrysler today unveiled a restructuring plan as it posted a $1.47 billion loss for 2006. That plan calls for cutting 13,000 jobs in the United States and Canada by 2009. DaimlerChrysler CEO Dieter Zetsche declined to comment on the report. "I cannot and will not go into any further details," Zetsche told reporters in Detroit, where he announced the automaker's 2006 results. A GM spokeswoman also declined to comment on the report. DaimlerChrysler has retained JPMorgan Chase & Co. to consider options for the Chrysler group, the Detroit News reported this afternoon. In a report on its Web site, the newspaper quoted unidentified company sources as saying the automaker had hired the investment bank. No mention of Jeep... |
#6
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D-C might become just D and C.
I wonder what is the smallest size a viable car company in the current
US market is? Would an independent Jeep be able to survive on it's own? Somehow I doubt it, and if it DID it would really have to be a privately held company, otherwise someone would swallow it up. For Jeep to be a successful company all on it's own I think it would either need someone or a small group of people with very deep pockets. Hmm, wonder what Bill Gates drives? Jeff DeWitt Clap Trap wrote: > Wouldn't it be great if Jeep broke off and became its own entity again? > Maybe then we could dump the libby, IFS, and get a small Jeep again. > > Wishful thinking I know. Sigh... |
#7
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D-C might become just D and C.
"Jeff DeWitt" > wrote in message ... .. > > Hmm, wonder what Bill Gates drives? > > Jeff DeWitt I'd guess Mercedes. Imagine Jeep by Microsoft! I shudder at the thought...you'd have to reboot the ECM every other day. |
#8
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D-C might become just D and C.
I wouldn't mind if Ford buys Jeep, then they can use the JK platform for a
real return of the SWB Bronco... But Ford is having its own problems. GM, too. Neither one of them is in the financial position to buy Chrysler, so I take these reports with a liberal grain of salt. "Jeff DeWitt" > wrote in message ... >I ran across this... > > Report: GM in talks to buy Chrysler > > Dale Jewett | | Automotive News / February 14, 2007 - 4:39 pm > > > > > > DaimlerChrysler is reportedly talking with General Motors about the > possibility of GM's buying the Chrysler group, according to the German > magazine Manager Magazin. > > The magazine cited company sources as saying the talks were in full > swing but still at an early stage. > > The report came today as DaimlerChrysler AG said it was open to all > options for the Chrysler group. Chrysler today unveiled a restructuring > plan > as it posted a $1.47 billion loss for 2006. That plan calls for cutting > 13,000 jobs in the United States and Canada by 2009. > > DaimlerChrysler CEO Dieter Zetsche declined to comment on the > report. > > "I cannot and will not go into any further details," Zetsche told > reporters in Detroit, where he announced the automaker's 2006 results. > > A GM spokeswoman also declined to comment on the report. > > DaimlerChrysler has retained JPMorgan Chase & Co. to consider > options > for the Chrysler group, the Detroit News reported this afternoon. > > In a report on its Web site, the newspaper quoted unidentified > company > sources as saying the automaker had hired the investment bank. > > No mention of Jeep... |
#9
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D-C might become just D and C
ABC this morning said GM is look into acquiring Chrysler and combining
their design facilities. Coasty "Lee Ayrton" > wrote in message .com... > > > http://www.bloomberg.com/apps/news?p...kmg&refer=home > > Selected highlights: > > <q> DaimlerChrysler AG may sell or seek partners for its unprofitable > Chrysler division, abandoning its vision of building a successful carmaker > that sold luxury Mercedes-Benz sedans as well as Dodge pickup trucks.</q> > > <q>``We want to ensure that the core of Daimler can be protected from a > possible financial downwards spiral at Chrysler,'</q> > > <q> Renault and Nissan may be a possible partner for Chrysler, </q> > > <q> Former Chief Executive Schrempp was heckled at most of the annual > meetings by investors who demanded he sell the division.</q> > > <q> DaimlerChrysler is in talks with General Motors to sell Chrysler to > the world's largest carmaker, Manager Magazine reported, citing > unidentified company sources. The talks are at ``an early stage,'' it > said. </q> > > > > -- > "We began to realize, as we plowed on with the destruction of New Jersey, > that the extent of our American lunatic fringe had been underestimated." > Orson Wells on the reaction to the _War Of The Worlds_ broadcast. > |
#10
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D-C might become just D and C.
Matt Macchiarolo wrote:
> I wouldn't mind if Ford buys Jeep, then they can use the JK platform for a > real return of the SWB Bronco... > > But Ford is having its own problems. GM, too. Neither one of them is in the > financial position to buy Chrysler, so I take these reports with a liberal > grain of salt. > Not necessarily. It IS possible to take two ailing companies and turn them into one profitable one. That's all GM would need to do is prove that their acquisition of DC would put the resulting company in the black and the banks will go for it. Facility mergers, man power consolidation, product line trimmings and such could conceivably make GM a stronger and profitable entity again. That's not to say it WILL, only that it is possible for a weak company to buy a weak competitor and come out strong in the end. |
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