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› GM is buying Daimler-Chrysler!!!!!!!!!!!!!!!!!!
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GM is buying Daimler-Chrysler!!!!!!!!!!!!!!!!!! (Read 1188 times)
Feb 24
th
, 2007 at 11:13am
Boeing27
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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.
Nascar and Sopwith Pup coming soon!&&&&
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Reply #1 -
Feb 24
th
, 2007 at 12:43pm
expat
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Boeing27 wrote
on Feb 24
th
, 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
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
PETA
People Eating Tasty Animals.
B1 Boeing 737-800 and Dash8 Q-400
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Reply #2 -
Feb 24
th
, 2007 at 3:15pm
Chris_F
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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 24
th
, 2007 at 7:09pm
RichieB16
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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.
&&
Check Out My 1969 & 1996 Camaro's
&&
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Reply #4 -
Feb 24
th
, 2007 at 8:12pm
expat
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Chris_F wrote
on Feb 24
th
, 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
Matt
PETA
People Eating Tasty Animals.
B1 Boeing 737-800 and Dash8 Q-400
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Reply #5 -
Feb 24
th
, 2007 at 11:04pm
Mushroom_Farmer
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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.
&&&&"We're just sitting here trying to put our PCjrs in a pile and burn them. And the damn things won't burn. That's the only thing IBM did right with it - they made it flameproof." &&
Spinnaker Software chairman William Bowman, 1985
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Reply #6 -
Feb 25
th
, 2007 at 9:53am
Chris_F
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Mushroom_Farmer wrote
on Feb 24
th
, 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 3
rd
, 2007 at 4:26pm
bok269
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Make badgers not war!!
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expat wrote
on Feb 24
th
, 2007 at 8:12pm:
Chris_F wrote
on Feb 24
th
, 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
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.
Check out my around the world tour!
&&
http://fsxaroundtheworld.blogspot.com/
&&Reality is wrong; Dreams are for real. -Tupac&&&&No bird soars too high, if he soars with his own wings. -William Blake&&&&The way I see it, you can either work for a living or you can fly airplanes. Me, I'd rather fly. -Len Morgan&&&&To invent an airplane is nothing. To build an airplane is something. But to fly ... is everything. -Otto Lilienthal&&&&
I will not be silenced by a stupid badger!
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Reply #8 -
Mar 4
th
, 2007 at 1:03am
FTL992
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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
.
&&
Fly The Limit!
&&Home Airport : KHSB
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Reply #9 -
Mar 5
th
, 2007 at 1:59am
bok269
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I've become a badger lover.
Make badgers not war!!
HPN
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Posts: 1461
FTL992 wrote
on Mar 4
th
, 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
.
There's actually a rumor that if Daimler sells the Chrysler group that they will hold on to Jeep.
Check out my around the world tour!
&&
http://fsxaroundtheworld.blogspot.com/
&&Reality is wrong; Dreams are for real. -Tupac&&&&No bird soars too high, if he soars with his own wings. -William Blake&&&&The way I see it, you can either work for a living or you can fly airplanes. Me, I'd rather fly. -Len Morgan&&&&To invent an airplane is nothing. To build an airplane is something. But to fly ... is everything. -Otto Lilienthal&&&&
I will not be silenced by a stupid badger!
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Reply #10 -
Mar 5
th
, 2007 at 2:29am
FTL992
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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.
&&
Fly The Limit!
&&Home Airport : KHSB
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Reply #11 -
Mar 5
th
, 2007 at 11:52am
RichieB16
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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.
&&
Check Out My 1969 & 1996 Camaro's
&&
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Reply #12 -
Mar 5
th
, 2007 at 11:38pm
bok269
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I've become a badger lover.
Make badgers not war!!
HPN
Gender:
Posts: 1461
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.
Check out my around the world tour!
&&
http://fsxaroundtheworld.blogspot.com/
&&Reality is wrong; Dreams are for real. -Tupac&&&&No bird soars too high, if he soars with his own wings. -William Blake&&&&The way I see it, you can either work for a living or you can fly airplanes. Me, I'd rather fly. -Len Morgan&&&&To invent an airplane is nothing. To build an airplane is something. But to fly ... is everything. -Otto Lilienthal&&&&
I will not be silenced by a stupid badger!
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Reply #13 -
Mar 6
th
, 2007 at 3:29pm
Chris_F
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bok269 wrote
on Mar 5
th
, 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 6
th
, 2007 at 5:32pm
FTL992
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Yeah that really doesn't make since because all the profit will be going to gm?
&&
Fly The Limit!
&&Home Airport : KHSB
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Reply #15 -
Mar 6
th
, 2007 at 11:44pm
bok269
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Colonel
I've become a badger lover.
Make badgers not war!!
HPN
Gender:
Posts: 1461
Chris_F wrote
on Mar 6
th
, 2007 at 3:29pm:
bok269 wrote
on Mar 5
th
, 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.
As far as buying a company to run it into the ground, its called eliminating competition. Right now, their are some market segments in which the two companies compete and some in which they dont. GM will make sure that if they buy the company theyll make sure they arent cannbalizing eachother.
When I say GM trucks, Im talking about the GM manufactured GMT900 Chevy Silverado and GMC Sierra. The Rams until they are redesigned would be manufactured by Chrysler plants using the same amount of Chrysler Parts, making them Chrysler trucks. Its like when two airlines merge, they cut down on flights on certain routes because their may not be a need for the flights from both preexisting carriers.
Some models, like the DOdge Caliber, would probably be kept because that is a market where GM really doesnt have an entry.
Check out my around the world tour!
&&
http://fsxaroundtheworld.blogspot.com/
&&Reality is wrong; Dreams are for real. -Tupac&&&&No bird soars too high, if he soars with his own wings. -William Blake&&&&The way I see it, you can either work for a living or you can fly airplanes. Me, I'd rather fly. -Len Morgan&&&&To invent an airplane is nothing. To build an airplane is something. But to fly ... is everything. -Otto Lilienthal&&&&
I will not be silenced by a stupid badger!
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Reply #16 -
Mar 8
th
, 2007 at 6:29pm
bok269
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Colonel
I've become a badger lover.
Make badgers not war!!
HPN
Gender:
Posts: 1461
To add, it is like AA buying TWA to essentially fly them into the ground.
Check out my around the world tour!
&&
http://fsxaroundtheworld.blogspot.com/
&&Reality is wrong; Dreams are for real. -Tupac&&&&No bird soars too high, if he soars with his own wings. -William Blake&&&&The way I see it, you can either work for a living or you can fly airplanes. Me, I'd rather fly. -Len Morgan&&&&To invent an airplane is nothing. To build an airplane is something. But to fly ... is everything. -Otto Lilienthal&&&&
I will not be silenced by a stupid badger!
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Reply #17 -
Mar 8
th
, 2007 at 10:15pm
Chris_F
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bok269 wrote
on Mar 6
th
, 2007 at 11:44pm:
Chris_F wrote
on Mar 6
th
, 2007 at 3:29pm:
bok269 wrote
on Mar 5
th
, 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.
As far as buying a company to run it into the ground, its called eliminating competition.
Why buy it then? If their product is worse than yours then just compete with them head to head and drive them out of the segment. If their prodcut is superior to yours then why buy them and substitute your own product instead of keeping their product and dropping yours?
Sure, when one company buys another they do wittle away their redundant products. That just makes sense. The way I read your post though it sounded like GM's motivation for buying Chrysler was simply to torpedo them. That would be like buying a Fabroge egg just to smash it. Sure there's one less egg around to worry about but you're also out a LOT of cash in the process.
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Reply #18 -
Mar 9
th
, 2007 at 11:55pm
bok269
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Colonel
I've become a badger lover.
Make badgers not war!!
HPN
Gender:
Posts: 1461
Chris_F wrote
on Mar 8
th
, 2007 at 10:15pm:
bok269 wrote
on Mar 6
th
, 2007 at 11:44pm:
Chris_F wrote
on Mar 6
th
, 2007 at 3:29pm:
bok269 wrote
on Mar 5
th
, 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.
As far as buying a company to run it into the ground, its called eliminating competition.
Why buy it then? If their product is worse than yours then just compete with them head to head and drive them out of the segment. If their prodcut is superior to yours then why buy them and substitute your own product instead of keeping their product and dropping yours?
Sure, when one company buys another they do wittle away their redundant products. That just makes sense. The way I read your post though it sounded like GM's motivation for buying Chrysler was simply to torpedo them. That would be like buying a Fabroge egg just to smash it. Sure there's one less egg around to worry about but you're also out a LOT of cash in the process.
Presumably they wouldnt just torpedo it. But, if it were to come down to Ram vs. Silverado, we know who the general would probably favor.
Check out my around the world tour!
&&
http://fsxaroundtheworld.blogspot.com/
&&Reality is wrong; Dreams are for real. -Tupac&&&&No bird soars too high, if he soars with his own wings. -William Blake&&&&The way I see it, you can either work for a living or you can fly airplanes. Me, I'd rather fly. -Len Morgan&&&&To invent an airplane is nothing. To build an airplane is something. But to fly ... is everything. -Otto Lilienthal&&&&
I will not be silenced by a stupid badger!
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Reply #19 -
Mar 11
th
, 2007 at 5:28pm
Boeing27
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Well if GM will use Dodge Trucks then GMC is going to have to go! Chevy Trucks and GMC are the same thing only in a different dealership. I guess GM wants to completely outsell Ford.
Nascar and Sopwith Pup coming soon!&&&&
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