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GM is buying Daimler-Chrysler!!!!!!!!!!!!!!!!!! (Read 1185 times)
Feb 24th, 2007 at 11:13am

Boeing27   Offline
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Does that mean Chevs with HEMIs, or Cadillacs looking like Chrysler 300Cs?

I found this report at MSN Autos. Maybe Cadillac with adopt the Chrysler 300C design, but I guess they are buying Chrysler to reduce the amount of competition and so that GM can use some of Chrysler's technologies.

 
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Reply #1 - Feb 24th, 2007 at 12:43pm

expat   Offline
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Boeing27 wrote on Feb 24th, 2007 at 11:13am:
Does that mean Chevs with HEMIs, or Cadillacs looking like Chrysler 300Cs?

I found this report at MSN Autos. Maybe Cadillac with adopt the Chrysler 300C design, but I guess they are buying Chrysler to reduce the amount of competition and so that GM can use some of Chrysler's technologies.




It is all as inbred as a Hill Billy wedding, so don't expect too much of a difference Grin

Matt


Who owns Who?

BMW owns:
-BMW
-Mini
-Rolls Royce

Daimler/Chrysler owns:
-AMC 
-Chrysler
-Dodge
-Eagle 
-Hyundai
-Jeep
-Maybach
-Mercedes-Benz
-Plymouth 
-Smart

Fiat owns:
-Alfa Romeo
-Ferrari
-Fiat
-Lancia
-Maserati

Ford owns:
-Aston Martin
-Ford
-Jaguar
-Land Rover 
-Lincoln
-Mazda (Ford owns 33% of Mazda)
-Mercury
-Volvo cars

Fuji Heavy Industries owns:
-Subaru

General Motors owns:
-Buick
-Cadillac
-Chevrolet
-Daewoo (GM owns 44%)
-Fiat (GM has decided to divorce itself from Fiat as of Feb '05, but will retain 10% ownership.)
-GMC
-Holden
-Hummer
-Oldsmobile 
-Opel
-Pontiac
-Saab
-Saturn
-Suzuki (2.5%, from 20%)
-Vauxhall

Honda owns:
-Acura
-Honda

Hyundai owns:
-Hyundai
-Kia

Isuzu owns:
-Isuzu
(Mitsubishi Corp., Itochu Corp. and Mizuho Corporate Bank owns part of Isuzu.)

Mitsubishi Corp. owns:
-Isuzu (13.6%)
-Mitsubishi Motors Corp (13%)

Nissan owns:
-Infiniti
-Nissan
-Renault (Nissan owns 15%)

PSA Peugeot Citroen owns:
-Citroen
-Peugeot

Porsche owns:
-Porsche
-VW (20%)

Renault owns:
-Nissan (Renault owns 44%)

Toyota owns:
-Daihatsu (~51%)
-Fuji Heavy Industries -- Subaru (Toyota owns ~20%. Toyota bought this from GM in late 2005. )
-Isuzu (5.9%, announced 7 Nov. 2006)
-Lexus
-Scion
-Toyota

Volkswagen owns:
-Audi
-Bentley
-Bugatti
-Lamborghini
-SEAT
-Skoda
-Volkswagen
 
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Reply #2 - Feb 24th, 2007 at 3:15pm

Chris_F   Offline
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A small correction, I believe the rumor (or has it become official yet) is that GM is looking to buy Chrysler from Daimler.  I don't think GM is going to buy Daimler (Mercades).  That would put Chrysler, Jeep and Dodge (and maybe some others) under GM.

Also, some corrections to the list of who owns who:

I didn't think Daimler Chrysler owned Hyundai.  They may have a small piece of it but I don't think they have a controlling stake.
 
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Reply #3 - Feb 24th, 2007 at 7:09pm

RichieB16   Offline
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This is great.  I really hope that GM does in fact purchase Chrylser (and hopefully with it the Dodge name will go as well).  The reason is, my best friend is a HUGE Mopar guy...and being a Chevy guy we always argue over who is better.  If GM owns Dodge, then I win.   Cool
 
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Reply #4 - Feb 24th, 2007 at 8:12pm

expat   Offline
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Chris_F wrote on Feb 24th, 2007 at 3:15pm:
A small correction, I believe the rumor (or has it become official yet) is that GM is looking to buy Chrysler from Daimler.  I don't think GM is going to buy Daimler (Mercades).  That would put Chrysler, Jeep and Dodge (and maybe some others) under GM.

Also, some corrections to the list of who owns who:

I didn't think Daimler Chrysler owned Hyundai.  They may have a small piece of it but I don't think they have a controlling stake.



According to This it could even go the other way  Shocked

Matt
 
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Reply #5 - Feb 24th, 2007 at 11:04pm

Mushroom_Farmer   Offline
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Any purchase of Chrysler Corp. would have to meet the approval of the stockholders and the SEC, which may be too high a hurdle to overcome. They should have let them sink 25 years ago.
 
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Reply #6 - Feb 25th, 2007 at 9:53am

Chris_F   Offline
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Mushroom_Farmer wrote on Feb 24th, 2007 at 11:04pm:
Any purchase of Chrysler Corp. would have to meet the approval of the stockholders and the SEC, which may be too high a hurdle to overcome. They should have let them sink 25 years ago.

The stockholders and SEC let the Daimler buyout go ahead so I don't see why a GM or Hyundai or other buyout would be any different.
 
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Reply #7 - Mar 3rd, 2007 at 4:26pm

bok269   Offline
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expat wrote on Feb 24th, 2007 at 8:12pm:
Chris_F wrote on Feb 24th, 2007 at 3:15pm:
A small correction, I believe the rumor (or has it become official yet) is that GM is looking to buy Chrysler from Daimler.  I don't think GM is going to buy Daimler (Mercades).  That would put Chrysler, Jeep and Dodge (and maybe some others) under GM.

Also, some corrections to the list of who owns who:

I didn't think Daimler Chrysler owned Hyundai.  They may have a small piece of it but I don't think they have a controlling stake.



According to This it could even go the other way  Shocked

Matt


Correct.  DaimlerChrysler is looking to sell off the Chrysler group and GM may me interested.  SHould be interesting if the deal goes throught.

You are also correct with Hyundai.  THey are there own company.  Chrysler has actually since sold its share in the company.
 
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Reply #8 - Mar 4th, 2007 at 1:03am

FTL992   Offline
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NOOO I don't want GM owning JEEP.  HAHA i'm a ford and jeep guy.  I have 3 jeeps sitting out in my drive way 2 off them rock crawling capable Tongue.
 
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Reply #9 - Mar 5th, 2007 at 1:59am

bok269   Offline
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FTL992 wrote on Mar 4th, 2007 at 1:03am:
NOOO I don't want GM owning JEEP.  HAHA i'm a ford and jeep guy.  I have 3 jeeps sitting out in my drive way 2 off them rock crawling capable Tongue.


There's actually a rumor that if Daimler sells the Chrysler group that they will hold on to Jeep.
 
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Reply #10 - Mar 5th, 2007 at 2:29am

FTL992   Offline
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I hope soo.  They seem to be doing such a nice job with it and all the new vehicles they are throwing out at the customer.
 
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Reply #11 - Mar 5th, 2007 at 11:52am

RichieB16   Offline
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I really don't think there is anything to worry about as far as vehicle quality guys.  If this even happens...its likely that nothing will change at all, except the profits will be going to a different parent company.
 
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Reply #12 - Mar 5th, 2007 at 11:38pm

bok269   Offline
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Except GM might cut down on Chrysler's line up so as to not compete with its own cars...I.E. Slow down Ram production to not compete with their trucks.
 
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Reply #13 - Mar 6th, 2007 at 3:29pm

Chris_F   Offline
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bok269 wrote on Mar 5th, 2007 at 11:38pm:
Except GM might cut down on Chrysler's line up so as to not compete with its own cars...I.E. Slow down Ram production to not compete with their trucks.

Right, buy a company so you can run it in to the ground.  Makes sense...

If GM buys Chrysler than Ram trucks WILL BE GM trucks.
 
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Reply #14 - Mar 6th, 2007 at 5:32pm

FTL992   Offline
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Yeah that really doesn't make since because all the profit will be going to gm?
 
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