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| Chrysler and GM to merge? http://www.lostjeeps.com/forum/phpBB3/viewtopic.php?f=15&t=36676 |
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| Author: | dieselenthusiast [ Sat Oct 11, 2008 1:11 am ] |
| Post subject: | Chrysler and GM to merge? |
"DETROIT - General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports Saturday. The Wall Street Journal, citing people it described as familiar with the discussions, said Cerberus Capital Management, the private equity firm that owns 80.1 percent of Chrysler and 51 percent of GMAC Financial Services, proposed trading Chrysler's automotive operations to GM. The Journal said Cerberus would receive GM's remaining 49 percent stake in GMAC. The New York Times, also citing people familiar with the talks, said the automakers were discussing a merger. The Times did not mention GMAC, a traditional auto lender hit hard by the housing market downturn. The talks have stalled because of the recent turmoil in the financial markets, according to the Journal. Its sources said negotiations could resume if markets stabilize because both GM and Cerberus want to quickly divest the assets under discussion. The negotiations between 100-year-old GM and 83-year-old Chrysler began more than a month ago, according to the Times. Its sources said the chances of a merger were "50-50" as of Friday and likely would take weeks to complete." http://news.yahoo.com/s/ap/20081011/ap_ ... rger_talks |
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| Author: | Pablo [ Sat Oct 11, 2008 2:59 am ] |
| Post subject: | |
Oh hell no. Well, I guess they can all go bankrupt together. |
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| Author: | Joe Jeeper [ Sat Oct 11, 2008 11:43 am ] |
| Post subject: | Merger? |
Could that mean a Chevy V8 in a New Wrangler? |
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| Author: | dieselenthusiast [ Sat Oct 11, 2008 12:30 pm ] |
| Post subject: | Re: Merger? |
Joe Jeeper wrote: Could that mean a Chevy V8 in a New Wrangler?
Hopefully a diesel |
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| Author: | mrkake [ Sat Oct 11, 2008 4:42 pm ] |
| Post subject: | Re: Merger? |
dieselenthusiast wrote: Joe Jeeper wrote: Could that mean a Chevy V8 in a New Wrangler? Hopefully a diesel Oh don't tease me |
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| Author: | tjkj2002 [ Sat Oct 11, 2008 7:11 pm ] |
| Post subject: | Re: Merger? |
Joe Jeeper wrote: Could that mean a Chevy V8 in a New Wrangler? Most likely the demise of the chevy V-8 will insue,along with there diesels and pickup all together since Dodge has always out sold them.Basically the new chevy pickups would be re-badged Dodge Rams.
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| Author: | Sir Sam [ Sat Oct 11, 2008 9:47 pm ] |
| Post subject: | Re: Merger? |
Joe Jeeper wrote: Could that mean a Chevy V8 in a New Wrangler?
Wouldn't that be terrible! Lets all pray that doesn't happen. |
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| Author: | teckman02 [ Sat Oct 11, 2008 10:01 pm ] |
| Post subject: | |
all i say if it does go on they better not lay a finger on the jeep line ..... i could see them taking crap from the hummer line and try to ues it on the jeep |
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| Author: | stratamet [ Sat Oct 11, 2008 10:30 pm ] |
| Post subject: | |
[quote="teckman02"]all i say if it does go on they better not lay a finger on the jeep line ..... i could see them taking crap from the hummer line and try to ues it on the jeep[/quote] That's a great point teckman02. I have owned many GM products through the years, and they all had problems. Chrysler/Jeep products have problems too, but I have never had an engine blow up on me in the 5 Jeep's I have owned like I had happen to me with the GM products <shrug>. |
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| Author: | teckman02 [ Sun Oct 12, 2008 2:41 am ] |
| Post subject: | |
i work for GM and there are only a handful of cars that they make that i like and would ever think of owning most of them they don't have in the states and a few of the ones that they have in the states suck and the ones that i like are Opel / Vauxhall / saturn Astra Opel GT new and old in the us it is the saturn sky Vauxhall corsa Holden / Vauxhall Monaro but in the states it is the Pontiac GTO Holden Ute i wish that they would bring this thing to the states Pontiac vibe the 2009 model Chevrolet Kalos with the 2 door hach in the states it is the Aveo and in the states you can only get it in the 4 door Vauxhall VXR8 in the states it is the Pontiac G8 and no the vet is not on my list other than the 1958 Corvette roadster that was a car |
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| Author: | dieselenthusiast [ Sun Oct 12, 2008 4:58 am ] |
| Post subject: | |
I sense some bitterness |
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| Author: | Hood297 [ Sun Oct 12, 2008 9:40 pm ] |
| Post subject: | |
I think LOST should buy the 80.1% of chrysler from Cerberus capital management. |
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| Author: | Diggerfreek [ Sun Oct 12, 2008 9:50 pm ] |
| Post subject: | |
i've got 2 nickles... That should do it |
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| Author: | tommudd [ Mon Oct 13, 2008 7:10 am ] |
| Post subject: | |
Did you see wher GM looked at Ford first to buy, Chrysler is second choice in trying to stay afloat |
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| Author: | InCommando [ Mon Oct 13, 2008 11:28 am ] |
| Post subject: | |
teckman02 wrote: i work for GM and there are only a handful of cars that they make that i like and would ever think of owning most of them they don't have in the states and a few of the ones that they have in the states suck and the ones that i like are
Opel / Vauxhall / saturn Astra Opel GT new and old in the us it is the saturn sky Vauxhall corsa Holden / Vauxhall Monaro but in the states it is the Pontiac GTO Holden Ute i wish that they would bring this thing to the states Pontiac vibe the 2009 model Chevrolet Kalos with the 2 door hach in the states it is the Aveo and in the states you can only get it in the 4 door Vauxhall VXR8 in the states it is the Pontiac G8 and no the vet is not on my list other than the 1958 Corvette roadster that was a car The Vibe is the Toyota Matrix, IIRC. That amounts to a Corolla station wagon? Not many true Corvettes cruising the Great Miami up your way? |
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| Author: | InCommando [ Mon Oct 13, 2008 11:28 am ] |
| Post subject: | |
teckman02 wrote: i work for GM and there are only a handful of cars that they make that i like and would ever think of owning most of them they don't have in the states and a few of the ones that they have in the states suck and the ones that i like are
Opel / Vauxhall / saturn Astra Opel GT new and old in the us it is the saturn sky Vauxhall corsa Holden / Vauxhall Monaro but in the states it is the Pontiac GTO Holden Ute i wish that they would bring this thing to the states Pontiac vibe the 2009 model Chevrolet Kalos with the 2 door hach in the states it is the Aveo and in the states you can only get it in the 4 door Vauxhall VXR8 in the states it is the Pontiac G8 and no the vet is not on my list other than the 1958 Corvette roadster that was a car The Vibe is the Toyota Matrix, IIRC. That amounts to a Corolla station wagon? Not many true Corvettes cruising the Great Miami up your way? |
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