GM in Talks to Buy Chrysler Group [Archive] - Pontiac GTO Forums: Pontiac GTO Forum

: GM in Talks to Buy Chrysler Group


LA_Phantom
02-17-2007, 01:32 AM
I am going to have to give this one some thought because I do not immediately see the rationale behind such a move. The CNN Money article can be found HERE (http://money.cnn.com/2007/02/16/news/companies/chrysler_gm/index.htm?cnn=yes).

-K

Nocturn
02-18-2007, 07:31 PM
Theres talk, but I don't know why they would, GM has enough troubled brands as is.

mechanic58
02-18-2007, 07:33 PM
Ok guys...here's what's going to happen....GM is going to by Daimler's US Chrysler division....then Toyota is going to buy GM...and liquidate the whole lot. Then we'll just have Toyota and Ford. ;-) You watch. It's going to happen.

gto n 442
02-18-2007, 10:06 PM
Things like this seam to happen alot in the bussiness world. I remember about 5 years ago united airlines was bidding to buy out us air. That never happened then about 6 months later UAL went into bankruptcy . I beleive they have since come out of bankruptcy. Look at K mart they used bankruptcy to close unprofitable stores and when they came out they bought sears. It seams to me that bankruptcy is a gaint loop hole that these companies are useing to gain profitability. As a matter of fact how long do you suppose a company could stay in bussiness hemoraging the money that gm and all these big companies say they are. Its all smoke and mirrors. It wouldnt surprise me to see gm try to buy chrysler but I dont see it happening.
As far as toyota buying either why would they they dont need to eliminate the compition because america is such an easy market they can sell anything with a toyota label on it. They will be #1 in the next 10 years anyways.

Stevo
02-18-2007, 10:07 PM
US Chrysler & GM will work on a shared vehicle technology, more like an alliance a la Renault and Nissan, et al.

Make sense..?

gto n 442
02-19-2007, 06:42 PM
isnt that what damlier bought chrysler for? hence the fake german guy in thier comercials.

Stevo
02-19-2007, 09:24 PM
isnt that what damlier bought chrysler for? hence the fake german guy in thier comercials.

Kind of not really but yes but no.... haha.

Ok, like, Daimler auto group owns a huge stake in Chrapsler... Whereas GM and Chrapsler is like GM and Toyota.

Anyone ever seen a "JDM Cavalier" ? lol

QSMGTO
02-20-2007, 01:36 AM
isnt that what damlier bought chrysler for? hence the fake german guy in thier comercials.
That guy really IS the Chairman of D-C:
http://en.wikipedia.org/wiki/Dieter_Zetsche

gto n 442
02-20-2007, 05:28 PM
That guy really IS the Chairman of D-C:
http://en.wikipedia.org/wiki/Dieter_Zetsche

wow thats actually him. I didnt think a head of a major company would stoop to that level to sell cars. apparently its not working .