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 Post subject: Chrysler and GM to merge?
PostPosted: Sat Oct 11, 2008 1:11 am 
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"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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 Post subject:
PostPosted: Sat Oct 11, 2008 2:59 am 
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Oh hell no. Well, I guess they can all go bankrupt together.


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 Post subject: Merger?
PostPosted: Sat Oct 11, 2008 11:43 am 
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Could that mean a Chevy V8 in a New Wrangler?

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 Post subject: Re: Merger?
PostPosted: Sat Oct 11, 2008 12:30 pm 
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Joe Jeeper wrote:
Could that mean a Chevy V8 in a New Wrangler?


Hopefully a diesel 8)

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 Post subject: Re: Merger?
PostPosted: Sat Oct 11, 2008 4:42 pm 
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dieselenthusiast wrote:
Joe Jeeper wrote:
Could that mean a Chevy V8 in a New Wrangler?


Hopefully a diesel 8)


Oh don't tease me :wink:

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 Post subject: Re: Merger?
PostPosted: Sat Oct 11, 2008 7:11 pm 
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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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 Post subject: Re: Merger?
PostPosted: Sat Oct 11, 2008 9:47 pm 
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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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PostPosted: Sat Oct 11, 2008 10:01 pm 
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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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 Post subject:
PostPosted: Sat Oct 11, 2008 10:30 pm 
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[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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 Post subject:
PostPosted: Sun Oct 12, 2008 2:41 am 
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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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 Post subject:
PostPosted: Sun Oct 12, 2008 4:58 am 
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I sense some bitterness :?

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 Post subject:
PostPosted: Sun Oct 12, 2008 9:40 pm 
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I think LOST should buy the 80.1% of chrysler from Cerberus capital management. :lol:

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 Post subject:
PostPosted: Sun Oct 12, 2008 9:50 pm 
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i've got 2 nickles... That should do it :lol:

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 Post subject:
PostPosted: Mon Oct 13, 2008 7:10 am 
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Did you see wher GM looked at Ford first to buy, Chrysler is second choice in trying to stay afloat

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 Post subject:
PostPosted: Mon Oct 13, 2008 11:28 am 
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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? :D

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 Post subject:
PostPosted: Mon Oct 13, 2008 11:28 am 
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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? :D

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