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-   -   GM to buy Chrysler??? (http://www.elcovaforums.com/forums/showthread.php?t=24728)

marin8703 02-16-2007 09:37 PM

Re: GM to buy Chrysler???
 
theres are source pointing to either a buy or just an alliance. So far no official word, but theres something going on there.

Boar-Ral 02-16-2007 09:41 PM

Re: GM to buy Chrysler???
 
Quote:

Originally Posted by marin8703
theres are source pointing to either a buy or just an alliance. So far no official word, but theres something going on there.

Reading more over the past couple days, it appears that they might be separate issues. The acquisition seems to involve only the Chrysler division, which has been hurting badly. The alliance seems to involve GM and Dodge specifically working together to build a large SUV similar to the Suburban. These rumours could be fueling each other, though.

I think that even just the purchase of Chrysler would be benefical, if for no other reason than the Chrysler 300.

Desert Dan 02-16-2007 09:43 PM

Re: GM to buy Chrysler???
 
Cool a Power Wagon Wagon!

Then We might get a Hemi with our Hummers and Jeep with a Corvette ZO6 V8 engine!

Steve - SanJose 02-16-2007 10:06 PM

Re: GM to buy Chrysler???
 
One thing is certain, Mercedes wants to spin off this turd.

partsguy 02-16-2007 10:18 PM

Re: GM to buy Chrysler???
 
I maybe wrong but didn't this almost happen in the late 70's? The goverment stepped in and stopped it some sort of antitrust act was
involved.

Steve - SanJose 02-17-2007 01:57 AM

Re: GM to buy Chrysler???
 
The current administration is likely to be very "hands off" regarding these dud car companies.

Vettster 02-17-2007 01:21 PM

Re: GM to buy Chrysler???
 
Quote:

Originally Posted by partsguy
I maybe wrong but didn't this almost happen in the late 70's? The goverment stepped in and stopped it some sort of antitrust act was
involved.


Nope. The goverment stepped in and bailed them out of bankruptcy. If I remember correctly.

partsguy 02-18-2007 04:10 AM

Re: GM to buy Chrysler???
 
That was in the 80's Lee Iacoca Era.(I still can't spell!!)

RubHer Yellow Ducky 02-18-2007 06:06 AM

Re: GM to buy Chrysler???
 
They "JUST" announced on the news the GM is buying the DeSoto and Imperial Division as of March 1st.

RYD


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