2007-03-27 17:59:54 · 11 answers · asked by Anonymous in Cars & Transportation ➔ Car Makes ➔ Chrysler
More employees to the street.
2007-03-27 18:08:54 · answer #1 · answered by Lost. at. Sea. 7 · 1⤊ 1⤋
GM cannot afford nor does it truly want to "purchase" Chrysler from DC. Kerkorian would never allow it. Nor does GM have the ability to purchase anything. Don't forget, GM is more in the red than any other automaker. Ford is hot on their heals.
If Chrysler is separated from DC, it would be spun off, but just how realistic is this?
The Chrysler group (Chrysler, Dodge and Jeep) feature the highest level of platform integration of any domestic auto manufacturer. They could not be split, so they would have to go en mass.
Chrysler already has an Asian automaker partner, Mitsubishi.
This is the German reaction to the American auto market. In 2005 Chrysler group posted a 121 billion dollar profit. In 2006 that had turned to 96 billion loss. Mercedes numbers were substantially smaller in 05, but were still positive in 06. Consensus is that Chrysler group will break even or show small profit for 07, but DC management is not able to deal with such volatile market.
Look at German auto makers. They do not go through styling changes at the rate American makers do. Why? Because their customer base is older, with more sophisticated taste, and do not want a new model every 3-5 years.
The merger was never one of equals.
2007-03-29 08:34:08 · answer #2 · answered by iheartrams 1 · 0⤊ 0⤋
Chrysler has made great strides in quality & performance since they were taken over by benz - problem is benz couldn,t figure out how to make them profitable. they tried to market chrysler as they would a mercedes and the problem with that is the two customer groups are like apples & brussel sprouts - not even close to the same type of consumer. and as for the comment posted about truck & suvs being the savior for chrysler - just not the case. since 1984 the minivan has and will continue to be the flagship of chrysler - 28 minivans to choose from in the marketplace today and 1/3 of the annual sales are chrysler & dodge vans - kinda got the market cornered.
2007-03-31 12:11:14 · answer #3 · answered by Chad M 2 · 0⤊ 0⤋
I agree with gearnofe that the talks with Chinese automotive companies, such as Chery or Geely, would be fruitful for both companies. Chrysler Group would have access to Chery/Geely's lower line products and China would conversely import Chrysler's larger vehicles for its domestic market. Good business relations with China at this scale would also promote political cooperation - such as what to do with North Korea.
Although I do not have any insider information, it is very difficult to believe that GM would deplete its cash reserve and assume responsibility for a money-losing, legacy-ridden company like the Chrysler Group.
I also heard that an investor group is considering the purchase of Chrysler, whose worth has plummeted since the "merger" with Mercedes-Benz in 1997. This is not a far-fetched situation. Ford recently sold Aston Martin to an investor group consisting largely of British and Middle eastern players.
2007-03-28 11:42:55 · answer #4 · answered by db79300 4 · 0⤊ 0⤋
DCX CEO hints at the future of Chrysler
Posted on Tuesday 6 March 2007
Ongoing talks between DaimlerChrysler and General Motors were confirmed today by DCX CEO Dieter Zetsche during an interview with Automotive News at the Geneva Motor Show. He said the talks had “shown potential but they have not come to a conclusion but have certain promise.”
Unlike GM, Chrysler relies heavily on sales of its SUVs and pickups, and was previously reported that the two companies were negotiating over a possible deal to co-develop a new range of SUVs in an effort to save costs. Zetsche wasn’t willing to comment on the future of Chrysler or give details about the talks, but said that it was examining all its options.
One strategy has seen Chrysler partnering with firms in China, namely Chery Automobile. The 25 year long deal will allow Chrysler to use any model from Chery’s small car lineup to be sold under the Dodge label. The deal also means that Chery cannot partner with any other automakers from North America or Europe. “This is a very exclusive agreement which gives us access to a very low-cost product base with basically no investment on our side and according to the calculations we have made, with very nice profits in segments where hardly anyone else makes profits,” he said.
2007-03-27 18:42:01 · answer #5 · answered by gearnofear 6 · 3⤊ 0⤋
I heard that possibly "Blackstone Corp." is looking seriously in buying Chrysler.. Who ever they are.. Just overheard some Chrysler Reps. talking.. haha
2007-03-28 09:51:00 · answer #6 · answered by Richie Rich 3 · 0⤊ 0⤋
Ford
2007-03-27 18:04:18 · answer #7 · answered by JMP 2 · 0⤊ 0⤋
yeah i'm guessing they might conjoin with ford to help them out, and to help themselves. GM is already doing fine and doesn't need any more car companies conjoining them because they already have like 20. but who knows, they may not want to conjoin anybody at all, and may want to raise their car company themselves.
2007-03-28 05:16:20 · answer #8 · answered by Anonymous · 0⤊ 0⤋
want to know the "REAL" reason mercedes is shing away???? the 300c sales are so tremendous that it took away from the BMW's. don't let anyone fool you on this, it's true. dollar for dollar the 300c is better than any bmw junk or mercedes.
germans can't be trusted after all can they.
2007-03-27 19:36:35 · answer #9 · answered by godzillasagoodman 2 · 1⤊ 1⤋
Don't know don't care.They have not made a car I would buy since 1970.
2007-03-27 18:03:20 · answer #10 · answered by Anonymous · 1⤊ 0⤋