General Vehicle Discussion/News Non-Mustang Vehicle Chat, Other Makes

GM to buy Chrysler?

Thread Tools
 
Search this Thread
 
Old Feb 16, 2007 | 12:54 PM
  #1  
TomServo92's Avatar
Thread Starter
Legacy TMS Member
 
Joined: June 18, 2004
Posts: 3,990
Likes: 34
From: Conroe, TX
GM to buy Chrysler?

According to a story in Left Lane News, GM is in talks with DCX to purchase the Chrysler group. With all the overlapping products and unused production capacity, I'm not sure how that helps either one of them.
Reply
Old Feb 16, 2007 | 02:47 PM
  #2  
Vermillion06's Avatar
Cobra Member
 
Joined: May 16, 2006
Posts: 1,322
Likes: 0
From: NV
If GM does buy Chrysler, it will probably be for the Jeep brand. The Dodge and Chrysler names aren't as well-known worldwide as Jeep is.
I may have to reconsider Mopar if GM does acquire it. I may go back to being a Mopar man again
Reply
Old Feb 16, 2007 | 03:12 PM
  #3  
Zastava_101's Avatar
TMS Post # 1,000,000
Serbian Steamer
 
Joined: January 30, 2004
Posts: 12,636
Likes: 0
From: Wisconsin / Serbia
Imagine 2009 Camaro with Hemi ...

On the bright side, Chrysler might finally have good automatic transmission.
Reply
Old Feb 16, 2007 | 05:26 PM
  #4  
Ranger's Avatar
Team Mustang Source
 
Joined: October 1, 2004
Posts: 1,206
Likes: 0
From: Central Virginia
Like previously stated, would think GM would only want certain segments of the company that made sense and could make money for them - wouldn't leave much left to be picked over by others
Reply
Old Feb 16, 2007 | 05:34 PM
  #5  
Moosetang's Avatar
Tasca Super Boss 429 Member
 
Joined: February 1, 2004
Posts: 3,751
Likes: 0
Ford should sneak in in Buy the Jeep brand, then scale it down to just the Wrangler models.
Reply
Old Feb 16, 2007 | 06:20 PM
  #6  
jsaylor's Avatar
Team Mustang Source
 
Joined: January 29, 2004
Posts: 2,358
Likes: 1
It's been a long time since I have been involved in the auto industry, and I don't talk to too many people I knew back then anymore. But an old friend of mine from those days recently relayed some info a mutual acquaintance still working in the auto industry brought to his attention. He stated that Daimler Chrysler's German masters were in serious talks to divest themselves of the Chrysler Group, and that the most promising of the interested parties, by far, were Chinese.

That is a pretty generic decription of a potential buyer I know. But he did relay all of this info before anybody was seriously discussing the prospect of Chrysler being sold so it seems likely that there is some truth in it even if it is a bit vague. And if this proves true my guess is that the Chinese company he was referring to is NAC. For those who don't that would be the same Chinese firm that bought MG-Rover.

This would be significant, and frankly makes sense, because the Chrysler 300's styling was inspired in part by Rover's 75 Series sedan (along with the obvious historical inferences to Virgil Exner and Facel bodied cars of course) In fact a Rover 75 and a Chrysler 300 could easily be said to posses more stylistic resemblence than exists among the 300 and other Chrysler sedans. The possibility of taking the best of both and making a new lineup seems a likely option here.

Given this it seems reasonably likey that NAC might find Chrysler desirable given the mix and match options for branding such a marriage would provide along with the advantages of American production facilities and an existing dealer network. And Chrysler would provide NAC an established brand to sell those 75 series sedans under as well, ridding them of the need to use the ridiculous 'Roewe' brand name they conured for that purpose. Just a thought.

Of course, assuming this was accurate when relayed that doesn't mean Chrysler will necessarily go to the Chinese. Situations like this change daily and new bidders pop up regularly. However, I think the odds of GM outbidding a Chinese company for a brand hurting as badly as Chrysler are slim at best and laughable at worst right now.

On another note, the info relayed said that Jeep would not likely be going with Chrysler and Dodge in a perspective sell off but would indeed be spun off and sold to another buyer. He apparently said that it looked like Ford wanted Jeep and seemed likely get it. I'm assuming Ford would be interested in Jeep because of the ability to share a greater number of 4wd componentry between Land Rover, Ford, and Jeep trucks and suv's. What such a thing could mean for Jeep and Land Rover seems especially significant. And I would also be willing to bet that the historical significance of Ford's participation in producing Jeeps during WWII might play a role in such a thing as well.

Again, I cannot say how accurate this may or may not be. But it was relayed before rumours about Chrysler being bought were seriously circulating so I am inclined to lend it a bit more than just an ear at this point. And all of it makes sense for that matter too. Both of the buyers mentioned stand to benefit substantially, and in many ways, from acquiring these brands. Time will tell.
Reply
Old Feb 17, 2007 | 04:52 AM
  #7  
Hollywood_North GT's Avatar
Closet American
 
Joined: July 17, 2005
Posts: 5,851
Likes: 1
From: Vancouver, BC (Hollywood North)
Originally Posted by jsaylor
It's been a long time since I have been involved in the auto industry, and I don't talk to too many people I knew back then anymore. But an old friend of mine from those days recently relayed some info a mutual acquaintance still working in the auto industry brought to his attention. He stated that Daimler Chrysler's German masters were in serious talks to divest themselves of the Chrysler Group, and that the most promising of the interested parties, by far, were Chinese.

That is a pretty generic decription of a potential buyer I know. But he did relay all of this info before anybody was seriously discussing the prospect of Chrysler being sold so it seems likely that there is some truth in it even if it is a bit vague. And if this proves true my guess is that the Chinese company he was referring to is NAC. For those who don't that would be the same Chinese firm that bought MG-Rover.
A couple of points >>

1) I believe that Daimler will spin Chrysler off as well - it's just a matter of time.

2) The Chinese company in question is Chery, given the new manufacturing partnership Chrysler has entered into with them.

Neither piece of news bodes well for Chrysler, IMO, and I think they may be on a slow slide to oblivion...or becoming a "low rent" brand - at least for the short-term. I, for one, have no interest in owning a Cherypar Challenger. Chinese cars may get better eventually, but I'm not certain that will happen before Chrysler reaches entropy.

As to GM picking them up. Three words: Ain't gonna happen.
Reply
Old Feb 17, 2007 | 06:17 AM
  #8  
htwag's Avatar
Mach 1 Member
 
Joined: November 4, 2004
Posts: 624
Likes: 0
It will take more time and money to get 'American" cars back on track.
Reply
Old Feb 18, 2007 | 11:01 AM
  #9  
97svtgoin05gt's Avatar
Shelby GT500 Member
 
Joined: July 21, 2004
Posts: 2,924
Likes: 1
From: New Jersey
Originally Posted by Vermillion06
If GM does buy Chrysler, it will probably be for the Jeep brand. The Dodge and Chrysler names aren't as well-known worldwide as Jeep is.
I may have to reconsider Mopar if GM does acquire it. I may go back to being a Mopar man again
One problem with this Verm, if GM aquires Chrysler, there won't be Mopars anymore. Chrycolet anyone?
Reply
Old Feb 18, 2007 | 11:49 AM
  #10  
Outlander's Avatar
V6 Member
 
Joined: January 4, 2007
Posts: 75
Likes: 0
I don't see the advantage of GM acquiring Chrysler.

From a business perspective it would be a shortcut for the Chinese to gain a foothold in the U.S.
Reply
Old Feb 18, 2007 | 03:12 PM
  #11  
Rapture's Avatar
Mach 1 Member
 
Joined: June 27, 2006
Posts: 875
Likes: 2
From: Maryland
Originally Posted by Outlander
I don't see the advantage of GM acquiring Chrysler.

From a business perspective it would be a shortcut for the Chinese to gain a foothold in the U.S.

Foothold They have a huge beachead right now
Reply
Old Feb 19, 2007 | 01:50 PM
  #12  
Vermillion06's Avatar
Cobra Member
 
Joined: May 16, 2006
Posts: 1,322
Likes: 0
From: NV
Originally Posted by 97svtgoin05gt
One problem with this Verm, if GM aquires Chrysler, there won't be Mopars anymore. Chrycolet anyone?
The "Mopar" nickname comes from MOtor PARts, and is the name of the parts and service arm of Chrysler. So if GM acquires them, could they then be "GenPar"? GMPAR? GOPAR?
Reply
Old Feb 19, 2007 | 03:53 PM
  #13  
Hollywood_North GT's Avatar
Closet American
 
Joined: July 17, 2005
Posts: 5,851
Likes: 1
From: Vancouver, BC (Hollywood North)
Originally Posted by Vermillion06
So if GM acquires them, could they then be "GenPar"? GMPAR? GOPAR?
"Hyundaipar"...?

Word is that the Korean maker is looking at a deal with Chrysler, too.
Reply
Old Feb 19, 2007 | 04:27 PM
  #14  
Evil_Capri's Avatar
Post *****
 
Joined: February 3, 2004
Posts: 14,160
Likes: 73
Originally Posted by BC_Shelby
"Hyundaipar"...?

Word is that the Korean maker is looking at a deal with Chrysler, too.
Hyundia not interested . . .

http://www.leftlanenews.com/2007/02/...ot-interested/
Reply
Old Feb 19, 2007 | 04:31 PM
  #15  
Hollywood_North GT's Avatar
Closet American
 
Joined: July 17, 2005
Posts: 5,851
Likes: 1
From: Vancouver, BC (Hollywood North)
U.S. investment bank JPMorgan is making final preparations before starting an auction of the Chrysler Group on behalf of DaimlerChrysler, according to a report by the U.K.'s Times.
So it's more or less official now, eh?

This should prove interesting, cause I can't see GM buying Chrysler and taking on all the liabilities right in the middle of the General's hard-fought turnaround.
Reply
Old Feb 19, 2007 | 04:34 PM
  #16  
TomServo92's Avatar
Thread Starter
Legacy TMS Member
 
Joined: June 18, 2004
Posts: 3,990
Likes: 34
From: Conroe, TX
Originally Posted by BC_Shelby
So it's more or less official now, eh?

This should prove interesting, cause I can't see GM buying Chrysler and taking on all the liabilities right in the middle of the General's hard-fought turnaround.
Maybe Lutz has a woody for Hemis....

Reply
Old Feb 19, 2007 | 07:41 PM
  #17  
Hollywood_North GT's Avatar
Closet American
 
Joined: July 17, 2005
Posts: 5,851
Likes: 1
From: Vancouver, BC (Hollywood North)
Originally Posted by TomServo92
Maybe Lutz has a woody for Hemis....

You mean for the name "Hemi," since that's really all it amounts to now.

Lot of headache to take on for some "branding."

And doesn't GM already have too many badges as it is?

I just can't see this going any place.
Reply
Old Feb 23, 2007 | 10:29 AM
  #18  
Evil_Capri's Avatar
Post *****
 
Joined: February 3, 2004
Posts: 14,160
Likes: 73
Read this quote on autoextremist.com, and thought it was pretty funny . .

Let B-J Do It?
Maybe they can get an inflated price for Chrysler by auctioning it off at Barrett-Jackson. Maybe throw in a Hemi or two.
Just a thought.
KS
Troy, MI
Reply
Old Feb 23, 2007 | 10:48 AM
  #19  
Knight's Avatar
Needs to be more Astony
 
Joined: October 4, 2004
Posts: 8,610
Likes: 5
From: Volo, IL
Originally Posted by TomServo92
Maybe Lutz has a woody for Hemis....


The LS engines are superior to the hemis anyway. more power, less weight, gets good mileage without cylinder deactivation.
Reply
Old Feb 23, 2007 | 01:10 PM
  #20  
TomServo92's Avatar
Thread Starter
Legacy TMS Member
 
Joined: June 18, 2004
Posts: 3,990
Likes: 34
From: Conroe, TX
Originally Posted by Knight
The LS engines are superior to the hemis anyway. more power, less weight, gets good mileage without cylinder deactivation.
Yeah but saying "Is that thang got an LS?" just doesn't have the same ring to it....

Reply



All times are GMT -6. The time now is 01:52 PM.