GM owning Chrysler??

[firmhonda]

From MSNBC.com

DETROIT - General Motors Corp. is in talks to buy the Chrysler Group in its entirety, Automotive News reported Friday, citing unnamed sources in Germany and the United States.

The automotive trade publication reported on its Web site that high-level talks were talking place between GM and Chrysler Group parent DaimlerChrysler AG.

The potential deal between the two automakers could go beyond cooperation on joint development of a large sport utility vehicle, the magazine said.

A General Motors Corp. spokesman said the company routinely has discussions with other automakers but declined to comment on the Automotive News report.

"We often have discussions with automakers routinely. We don't comment on speculation regarding discussions," GM spokesman Tony Cervone said.

Meanwhile, various newspapers reported earlier Friday that Chrysler and GM have held discussions for about six months about a possible alliance related to large sport utility vehicles.

The Wall Street Journal, citing people familiar with the matter that it didn’t name, said the automakers had preliminary discussions to jointly develop a large SUV such as the Chevrolet Suburban, which Chrysler doesn’t have in its lineup.

The New York Times, citing people with direct knowledge of the talks that it didn’t name, said the companies are holding discussions about a project that would provide Chrysler with a version of the Chevrolet Tahoe large SUV.

GM and Chrysler also are looking at sharing small cars developed by GM Daewoo Auto & Technology, a unit of GM in South Korea that builds the Chevrolet Aveo compact car for GM, the Journal reported.
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Hmmmm... I don't even know what to think about this.

It seems that they mostly are just meeting to discuss collaborating on a new SUV..


Here's an article @ cnnmoney.com

And one from the NYtimes

[Special Ringpop]

Yeah, I've been reading about that for a few days, but I really don't know why GM would want it.

Personally, I'd take care of my own damaged brands before I even considered buying an even more damaged brand.

Buick is dying and Pontiac isn't far behind. Saturn and Chevy are doing okay at the moment, and so is Caddy.

[xtant21]

It doesn't make sense for them to do it; however, one thing Chrysler has had that might be beneficial to GM is their speed to market. Chrysler albeit troubled has been very good at turning around concept cars from autoshows and planking them in showrooms in record time. GM's culture needs a shift like this if they are to make it.

[MBK]

line consolodation:

chevy, dodge, chrysler, saturn, pontiac and caddy; that would be a pretty powerful line and they could tweek each. imagine a viper with ZO6 engineering and a long needed interior upgrade. It could go:

C6
Viper
ZO6
Viper Venom

imagine a Viper for 55K - 60K... wow