 Rumors of Sale of Jeep Brand Flare Up Again |
It's been a busy little news day in the world of Chrysler automotive with an interesting "battle of news releases" concerning the possible sale of the Jeep brand.
First, waaayyy early this morning, TheStreet.com posted an article that Chrysler was once again talking to Renault-Nissan about a possible purchase of some part of the company - including the Jeep brand.
Then, a couple of hours ago, Chrysler LLC Vice Chairman Tom LaSorda said (via Reuters that there were no talks about selling off an "individual brand like Jeep", but possibly selling off old tooling from models going out of production.
Chrysler LLC Vice Chairman Tom LaSorda said on Wednesday that the No. 3 U.S. automaker would not sell an individual brand like Jeep, but would pursue deals to sell off tooling for models going out of production, or even licensing production of current models.
LaSorda, who was speaking to reporters on a conference call, was responding to a Reuters report from Tuesday that cited people with knowledge of the discussions as saying that Chrysler had been in talks to sell assets to Renault-Nissan and auto parts supplier Magna International.
"This company is going to be around," LaSorda said. "We are not going under."
More on this story as it develops...
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| nashman | Posted: 2009/1/19 22:29 Updated: 2009/1/19 22:29 |
Just popping in   Joined: 2007/7/30 From: Posts: 5 |
 Re: Rumors of Sale of Jeep Brand Flare Up AgainRe: Fiat to buy 30-35% of Chrysler: First our beloved Jeep went to the French, then the Germans had their time and now it looks like the Italians are going to have their turn at owning Jeep.
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| myhotwheels22981 | Posted: 2009/1/15 8:55 Updated: 2009/1/15 8:55 |
Home away from home  Joined: 2002/3/21 From: Posts: 183 |
Re: Rumors of Sale of Jeep Brand Flare Up Again Mabye they (Renault-Nissan) will buy the TJ tooling and offer a TJ up under license, and export the TJ also. (wishful thinking)
JEEP BUILD THE WILLYS JEEP BUILD THE WILLYS JEEP BUILD THE WILLYS JEEP BUILD THE WILLYS JEEP BUILD THE WILLYS (make it the PiHV) |
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| trevorj | Posted: 2009/1/14 21:53 Updated: 2009/1/14 21:53 |
Just can't stay away  Joined: 2006/6/30 From: Kelowna, BC Posts: 78 |
Re: Rumors of Sale of Jeep Brand Flare Up Again Magna probably isn't in the position, but anybody have any thoughts on them buying the Jeep Brand? They already own Dana...
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| nashman | Posted: 2009/1/14 13:17 Updated: 2009/1/14 13:17 |
Just popping in Joined: 2007/7/30 From: Posts: 5 |
Re: Rumors of Sale of Jeep Brand Flare Up Again I predict that Tom LaSorda's comments will go down in history along with such famous quotes as: "I am not a crook." and "I did not have sex with That Woman." I guess we will just have to wait and see As The Chrysler World Turns.
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