 GM in talks to buy Chrysler Group |
General Motors is in talks to buy DaimlerChrysler AG's struggling Chrysler Group in its entirety, according to several reports.
According to the reports, sources in Germany and the United States said high-level talks between GM (down $0.14 to $36.30, Charts) and DaimlerChrysler (up $2.83 to $73.08, Charts) executives are taking place.
Read the whole story here.
Is this a good thing for Jeep? Let us know what you think.
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| xjken99 | Posted: 2007/2/20 8:25 Updated: 2007/2/20 8:25 |
Quite a regular   Joined: 2005/9/14 From: Posts: 58 |
 Re: GM in talks to buy Chrysler GroupThis makes sense for only one reason. GM is about to be passed for the first time in at least 6 decades by Toyota as the global number one auto manufacturer. While they claim publicly that its no big deal you know darn well that no one at GM wants that to happen on their watch. The product overlap as mentioned would be massive and with GM struggling to develope their own brands taking on three more makes little sense. Jeep and the minivans would be the big prizes, other than that it makes little sense. Of the possible partners this would be the least painfull IMO.
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| trevorj | Posted: 2007/2/17 21:54 Updated: 2007/2/17 21:54 |
Just can't stay away  Joined: 2006/6/30 From: Kelowna, BC Posts: 78 |
Re: GM in talks to buy Chrysler Group I don't believe this rumour for a second, but it warms my heart somewhat to think of Jeep being reunited with its illegitimate military brat, the Hummer. Maybe Jeep could slap Hummer around a bit and perhaps both brands could go back to their roots and do what they originally did best. Lets not forget where the H1 got that 7 slot grill to begin with!
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| hoghead00 | Posted: 2007/2/17 20:32 Updated: 2007/2/17 20:32 |
Not too shy to talk  Joined: 2004/5/10 From: Posts: 39 |
Re: GM in talks to buy Chrysler Group I find it hard to believe....
For one, GM would have a dealership on every corner.... and secondly, the overlap in product would be massive... It just doesn't seem logical for GM. |
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| jason | Posted: 2007/2/17 11:59 Updated: 2007/2/17 11:59 |
Just can't stay away Joined: 2005/6/30 From: glendale,az Posts: 91 |
Re: GM in talks to buy Chrysler Group RUMOR and nothing more..I have read all the restructuring plans and NONE are abour merging or selling. The term partners means sharing technology that's it.
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