GM is buying Daimler-Chrysler!!!!!!!!!!!!!!!!!!

[Boeing27]

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.

[expat]

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

[Chris_F]

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.

[RichieB16]

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.   8-)

[expat]

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  :o

Matt

[Mushroom_Farmer]

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.

[Chris_F]

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.

[bok269]

[quote][quote]A small correction, I believe the rumor (or has it become official yet) is that GM is looking to buy Chrysler from Daimler.

[FTL992]

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 .

[bok269]

[quote]NOOO I don't want GM owning JEEP.

[FTL992]

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.

[RichieB16]

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.

[bok269]

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.

[Chris_F]

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.

[FTL992]

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