RUMOUR OF THE DAY: GM In Talks To Buy Chrysler?

WHAT?

That would turn the American auto industry upside-down! As if things aren't bad enough!

This shouldn't happen. Chrysler's cars would no longer be Chryslers, and GM really DOES NOT NEED ANOTHER BRAND RIGHT NOW. This is worse than GM thinking of buying Lotus.

If they can't keep Chevy with the rest, what makes them think they can work wonders with Chrysler?

I think a merger between the two would be slightly more likely- a buy-out would be a disaster. It would also then be the "Big 2." Weird.

— S4cabriofoxone (View Profile)

Posted on 2/15/2007 11:11:13 AM | reply to this comment | Votes: 2   

I really dont think that Mercedes will sell Chrysler group. I think it's just rumor.

— neutral (View Profile)

Posted on 2/15/2007 11:33:22 AM | reply to this comment | Votes: 3   

I hate rumors....

Chrysler needs way more than a make over from anyone. If it is sold off the purchasing party would be well over their heads in how to fix it.

I think Chrysler doesn't want to be sold and loose access to the MB parts bin. They will try everything to say with MB

— Mark (View Profile)

Posted on 2/15/2007 11:52:27 AM | reply to this comment | Votes: 2   

If this rumor turns out to be true, this is what is known as "the blind leading the blind".

— Lem1972 (View Profile)

Posted on 2/15/2007 12:59:23 PM | reply to this comment | Votes: 1   

Why this is such a good idea! You'd have a bigger company that can't sell cars! What a great idea!

— tomloy (View Profile)

Posted on 2/15/2007 1:05:17 PM | reply to this comment | Votes: 1   

Nice picture up there. Is that what Chrysler is worth?

— johannas (View Profile)

Posted on 2/15/2007 2:13:04 PM | reply to this comment | Votes: -1   

what would GM gain?

— indifferent (View Profile)

Posted on 2/15/2007 4:18:53 PM | reply to this comment | Votes: 2   

lol!!! GM can barely sell cars and buying Chrysler makes no sense for them.
In fact the real purchasers might be !!!
a) A private investment group. Most Likely!
b) A cash rich tier 1 Manufacturer with a history of buying other car companies. Would have said Renault-Nissan, but they are bleeding right now. VW is the same boat and BMW has burnt itself on Rover to badly to try it again. Plus Toyota/Honda do not buy external companies.
c) Tier 2/3 manufactorer with stupid money available .. Umm maye Chery or SAIC ? :)
Maybe even Hyundai !!! but they are currently on a Hold pattern as theur CEO is getting screwed over by the SK Roh administration.

— izfuney (View Profile)

Posted on 2/15/2007 6:04:02 PM | reply to this comment | Votes: 1   

What better way to get your act together than by adding more union members to your workforce.

— huu76 (View Profile)

Posted on 2/15/2007 9:31:53 PM | reply to this comment | Votes: 1   

GM has enough on thier plate, they can't possibly absorb Chrysler. This must be a move to get thier stock price moving.

— no1listensanyway (View Profile)

Posted on 2/15/2007 9:42:38 PM | reply to this comment | Votes: 1   

crap + crap = double ol'crap

— TruenoAE86 (View Profile)

Posted on 2/16/2007 1:31:52 AM | reply to this comment | Votes: 1   

Desaster + failure = desasterous faulure!

— M53R (View Profile)

Posted on 2/16/2007 6:08:05 AM | reply to this comment | Votes: 1   

How about selling it to VW.I think they r capable of the turn around of companies.

JUGNU

— JUGNU (View Profile)

Posted on 2/16/2007 6:15:25 AM | reply to this comment | Votes: 1   

i will purchase Chrysler before GM does. Nice blog starter tho......................

— addoctor (View Profile)

Posted on 2/16/2007 8:12:09 AM | reply to this comment | Votes: 1   

A Chinese company will swallow up Chrysler.

There's no business case for GM or Ford to buy Chrysler. Renault/Nissan sales are slowing down, as are Hyundai's profits. Toyota is doing fine by themselves and Honda doesn't need them.

It'll depend if congress let's them buy it or not.

— huu76 (View Profile)

Posted on 2/16/2007 8:50:01 PM | reply to this comment | Votes: 1   

GM can buy Chrysler for the brands it has. Then GM can sell cars according to brand and target market instead of all brands targeting all markets at the same time killing each other. I'm guessing Gm has a long term strategy up their sleeves. A very long term maybe?

— woood (View Profile)

Posted on 2/17/2007 10:30:42 AM | reply to this comment | Votes: 1