From a Chinese perspective, it wouldn't be that far-fetched. A Chinese company has already used acquisitions to get into the TV markets (RCA) and PC markets (Thinkpad). They normally do this to take advantage of existing brands in the US. The problem though with the US market for Chinese automobiles is:
1. It's too concentrated of an industry and considered "strategic". The US government would take action against this.
2. The Chrysler brand may not have that much leverage compared to introducing new brands.
3. Unlike in consumer electronics, where China is already manufacturing a huge share of the world supply, the Chinese have A LONG way to go before they approach Japanese or Korean levels of automobile manufacturing.
4. The growth market is China, not the US. Just like cell phones, I think Chinese companies are focusing on competing with foreign manufacturers (including GM) within China.
2007-02-25 01:13:11
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answer #1
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answered by drjkfu 3
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Since I work for DaimlerChrysler I hope they don't sell it,I'm not sure that Daimler is even going to sell Chrysler.I don't think Daimler is being truthfull when they say the Chrysler group lost money.I work at Toledo Jeep Wrangler assembly and we are working 2 shifts 6 days 10 hours per day and sometimes on Sunday.And we still can't keep up with customer demand,at this time we are over 650 cars behind production for the 1st quarter,add to that 2006 was a record year for the Dodge Ram,almost 50% of the van market is owned by Chrysler,the Toledo built Nitro also is selling very well.Also Daimler is paying share holders quite well,we believe it is a scare tatic since the UAW contract expires in September.Don't get me wrong I'm all for the company making money and I'm willing to pay some of my health care and would even take a pay cut,but I feel these cuts should start at the top first.Well enough complaining,no I don't think Chrysler will be sold unless someone gives up the bank to Daimler.
2007-02-22 14:02:53
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answer #2
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answered by toledojeeper 5
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Not a chance. I think that Daimler Benz / Daimler Chrysler is enjoying the popularity of the Chrysler 300, Dodge Charger and Cummins Turbo diesel trucks as well as the future Challenger retro to be released. Not to mention the loyalty of the shareholders that have to be considered. It would be a marketing devestation that would perpetuate the downfall of Daimler Chrysler, not help it. I am an avid Mopar (Chrysler) fan, and have built many a Road Runner and Charger in the past. I guarantee I would become a Ford man overnight if they even sold 10% interest to a Chinese company. Not to mention, quality would go down the chute!
2007-02-22 13:27:13
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answer #3
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answered by jimmyd 4
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Terry, Did you know that GM has been in talks with Chrysler since last November.
It is kinda funny how all of a sudden during the "contract" year that Chrysler is all of a sudden the red headed step child.
I spent quite a while in Toledo at the plant putting together the Front end module conveyor system...That was fun. I do see that Chrysler can't make up its' mind...
2007-02-23 06:05:03
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answer #4
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answered by Uncle Red 6
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I would hazard a guess that the Chines will not buy Chrysler to 'establish a sales network" here, since they already build a fairly complete line of home-built cars, trycks and SUV's. Ever hear of the "Geely"? No? You will, very soon.
2007-02-23 16:16:10
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answer #5
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answered by Kiffin # 1 6
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I don't see that happening, the U.S goverment will do what it did in 1980 and help bail them out, Gm also lent them money back then too.
2007-02-22 13:21:17
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answer #6
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answered by mister ss 7
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I hate to say...their going to get bomb heavily ...if not me !
2007-02-22 13:21:58
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answer #7
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answered by Anonymous
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I wouldn't doubt it. wonder if they would be cheaper cars :)
2007-02-22 13:18:23
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answer #8
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answered by laura n 3
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