[MSP]

GM, Chrysler discuss merger or business swap talks - source - Oct. 11, 2008

I knew one of the big three would fold, and I correctly predicted it would be Chrysler. This is good news, a necessary step to get the US auto industry back in the game.

[Jackalope]

so...
debt + debt = Profit?

I don't see how one mismanaged company buying another is going to solve any of their problems.

[Torx]

i thought gm already owned chrysler

[integra00]

GM is close to announcing bankruptcy as it is ? wtf

[Jishory]

werent they supposed to start putting allisons in cummins powered trucks?
im shopping around for one of these

[Scrubbin_Bubbles]

Originally Posted by integra00

GM is close to announcing bankruptcy as it is ? wtf

QFT they were balling their eyes out all last week

[MSP]

You'll see all sorts of mergers and buy outs in the coming months. The less-weak companies will get bargains on their dieing competitors. And Chrysler certainly had it coming.

[ThatHideousStrength]

I don't get it. They're both crappy. GM loses a billion dollars a month and they want to buy out Chrysler? I hope the gov. disallows this. Both companies are way beyond their capabilities of handling so many different brands.

[Dustin]

I don't get WHY but whatever keeps them in the marketplace. Even though I hate them and their shit vehicles, they're necessary.

What will fat white women drive if there's no Sunfires around for generations to come?

[ivwshane]

Chrysler is really doing that bad?

Of all the new cars I see on the road a majority seem to be Chrysler's. To me it looked like they were on the right track.

[Dustin]

I agree, I thought Chrysler was doing great too; the amount of Chargers and 300s and RAMs I see on the road is staggering.

I think the problem is that they're losing on every car because they sell them so dirt cheap. The Chrysler 300 starts at $26,000 which seems a bargain for a supposedly high class 'executive' car; a comparable Lexus or Acura would easily be $36,000+. Even a BASIC Accord is only $5000 less.

But all the stuff they try to pack in there and all the image they try to build with it costs money; but in order to keep it in a price someone will buy it for they have to cut corners on quality but still end up taking a loss on it. I guess the money they make from after-purchase isn't covering it?

Scary to see giants like that collapsing

[Jishory]

and you get a LIFETIME drive train warranty

[Dustin]

Originally Posted by Jishory

and you get a LIFETIME** drive train warranty

**Coverage depends on celestial cycle and tidal levels. Extra charges may apply. Extra charges will apply. You have purchased a piece of shit. Sorry.

Fixed

[bigwill51534]

LMAO, so true, so true....

~Will Curtier~

[Jackalope]

Originally Posted by Jishory

and you get a LIFETIME drive train warranty

at this point it's likely the vehicle will outlast the company by far


Faux edit: although now that I think about it, Chryslers ARE pretty shitty....

[sims]

Originally Posted by Jackalope

so...
debt + debt = Profit?

did you take business math to!?!

its a bad scene out there, both companies are doing very badly, ford aswell. Its not a stretch to say that we could actaully potentially see then end of American automotive manufacturing with things as they are. the big 3 stocks are worth what, 20% of what they where not more then a few years ago. thats a HUUUUUUUUUGE drop.

that said I don't think that will actaully happen, the big three, weather I agree with keeping them in business or not employee alot of people and contribute a great deal to the economy in both the states and in Canada.

More then anything I think this move is an attempt to shore up there position in the world, the bigger they are, the less the Gov. can afford to let them fail. its the AIG syndrome. They're trying to put themselves into a position where the Gov. has no choice but to keep them afloat as things gets inevitably worse for both of them.

[MSP]

Originally Posted by Dustin

Fixed

Ha! So funny. But yeah, Honda doesn't offer such a warranty. Because they didn't have such a notorious reliability record on their drive trains, that required the lifetime thing in order to lure back customers. Hyundai did the same thing. The formula goes as follows: Shitty Car + Lifetime Warranty = "Well, it's a piece of shit but look at the warranty!". And so you buy a shitty car against all rational thought. I'd rather pay a little more and get a quality vehicle from the get-go, save me the hassle at the dealer.

[nidex]

How can you NOT buy this car?!

[ThatHideousStrength]

I really want the 300 or the Charger but alas I won't get them. I've seen too many issues with them. I guess there's a huge transmission problem with them.

[Chainblade]

this surprises me. I don't see how debt + debt = profit either. I'm surprised Chrysler is doing so badly. Like others have said, i've seen tons of newer Chryslers and Dodge's the past couple of years. The nice and new body styles have really impressed a lot of people. Maybe it's just too much, too late? Like others have said, maybe they are just taking a big loss on each car.

i'm not sure if this is going to be a good thing or not. less competition is not a good thing, that's for sure. it will be interesting to see what happens. Curious what will happen with Ford as well. Isn't Ford doing a little better than GM though?