Question:
I read this on the Internet. GM is the main contender to purchase the ailing Chrysler Corporation now that the Daimler Company is wanting to get rid of Chrysler. Mercedes could not make it profitable. Why would GM want to take on such an undertaking since it cannot make itself profitable? It completely makes no sense to me.
Answers:
Hyundai's's new luxury car name?
Because GM has no idea what it's doing either, unfortunately.GM would be buying a small amount additional (but declining) marketshare, so it makes mo sense to me either. They need to focus on building better cars.
95 Pontiac Grand Prix SUNROOF PROBLEMS..plz help?
Increased Market share, Chance to get new technology from Chrysler and Mercedes. It also reduces there competition.How do you set the clock on a 2007 Silverado?
For any company that would be interested in Chrysler, it boils down to one word - JEEP!What are the 2007 Lamborghini Galardo superleggeras selling for?
GM has and will always take care of itself. Buying an ailing auto manufacturer at a bargain price is a smart move. It will remove Chrysler from competition.DM is not interested in selling Chrysler. Chrysler has gone into an agreement with Chery Autoworks of China to have a limited partnership that will bring small subcompacts from Chery to USA, Asia and EU within the next few years. Do a search on the internet for more info on this partership.
I'm thinking about getting a 2007 Hyundai Elantra SE..is it a good car-overall?
First,Mercedes didn't have to make Chrysler profitable.When Daimler bought Chrysler it was making plenty of money on it's own.Chrysler has actual made more money since 1998 than Daimler has,they just don't like the Chrysler image.When Daimler purchased Chrysler,Chrysler had almost 9 billion dollars of cash on hand.As for GM being the main contender,I think Magna is right now since Magna already has operations at some Chyrsler plants.Where I work at the Toledo Jeep Wrangler assembly plant they run the paint shop.If GM did buy it,it would help with thier pension plans since both GM and Chrysler plans are overfunded.Also GM has 3.8 retirees per worker while Chrysler only has 1.4 it would help to reduce their pension cost.Also the Jeep brand is very desireable,Jeep Wranglers are the hottest selling vehicle in the US right now.Also GM needs a place like the Chrysler Tech Center.More Questions & Answers ...
This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.
Copyright 2006-2008-2007 CarQnA.com. All Rights Reserved.