No more Dodge?! (Or chrysler for that matter?)
10-19-2008, 10:55 PM
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No more Dodge?! (Or chrysler for that matter?)
If such a merger is to happen, it's not likely that today's Chrysler would survive intact. The Wall Street Journal reports that Cerberus is looking at possibly breaking up the company into smaller groups that would be sold to different parties.
For instance, Cerberus may look to spin off Chrysler's engineering wing as a standalone company, sell the Mopar parts operations to another purchaser, and possibly consolidate Chrysler Financial into GMAC - which it also owns a majority stake in.
Likewise, Chrysler's current vehicle portfolio could also be divested in multiple ways. Automotive News suggests GM may be most interested in Chrysler's minivan lineup (a segment missing from GM's offerings), as well as a truck production facility in Mexico.
Although GM could purchase more than those assets, any leftover bits or divisions may be sold to other companies. One possibility is Renault, whose executives disclosed their interest in Chrysler during the 2008 Paris motor show.
For instance, Cerberus may look to spin off Chrysler's engineering wing as a standalone company, sell the Mopar parts operations to another purchaser, and possibly consolidate Chrysler Financial into GMAC - which it also owns a majority stake in.
Likewise, Chrysler's current vehicle portfolio could also be divested in multiple ways. Automotive News suggests GM may be most interested in Chrysler's minivan lineup (a segment missing from GM's offerings), as well as a truck production facility in Mexico.
Although GM could purchase more than those assets, any leftover bits or divisions may be sold to other companies. One possibility is Renault, whose executives disclosed their interest in Chrysler during the 2008 Paris motor show.
"This would basically mean the end of Chrysler," said Global Insight analyst Aaron Bragman.
I might have to buy a Ford. 
10-20-2008, 02:50 AM
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Times are tough, especially for muscle cars and big trucks and SUV's, and Dodge doesn't really have anything in an appealing economy car or hybrid...
Their going the way of AMC doesn't seem out of the realm of possibilities...
Their going the way of AMC doesn't seem out of the realm of possibilities...
10-20-2008, 08:54 AM
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I guess the writing was on the wall when Daimler came into the picture.
GM is in a world of hurt, Ford is said to be not far behind. All 3 of the American manufacturers are suffering greatly and with the economy getting even tighter, it will be a suprise to see any of them still standing when the dust settles.
While the foreign owned companies might be taking the leads here, the economy may well do them in too. The WHOLE industry is seeing a downturn. It might be that we do not see things upturn for a couple years.
Time to take a good look at your faithful ride, get those usual replacement wear parts in stock in your garage, be ready for shortages.
Carol
GM is in a world of hurt, Ford is said to be not far behind. All 3 of the American manufacturers are suffering greatly and with the economy getting even tighter, it will be a suprise to see any of them still standing when the dust settles.
While the foreign owned companies might be taking the leads here, the economy may well do them in too. The WHOLE industry is seeing a downturn. It might be that we do not see things upturn for a couple years.
Time to take a good look at your faithful ride, get those usual replacement wear parts in stock in your garage, be ready for shortages.
Carol
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