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Kerkorian bids on chrysler for $4.5 Billion

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Old Apr 5, 2007 | 05:44 PM
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Default Kerkorian bids on chrysler for $4.5 Billion

http://news.yahoo.com/s/ap/20070405/...sler_kerkorian

I like the idea of bringing the company back to 100% u.s.a. owned.. should of stayed as chrysler corporation
 
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Old Apr 5, 2007 | 06:50 PM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

I'm up for it.
 
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Old Apr 5, 2007 | 07:14 PM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

This sounds good! There are several other potential U.S. buyers, so if Kerkorian doesn't get it; lets hope one of the others does. But it does sound that Kerkorian wants to help build up the company be one of the top automakers again; I dont know about the others.
 
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Old Apr 5, 2007 | 08:01 PM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

I think it sounds great. There were some who did not want Kerkorian to get it which was supposively why the "merger" happened in the first place, but the simple fact of the manner is that if Kerkorian wants to invest this kind of money into the company, he is dead serious about building up the company. The problem with the management of the other companies has been that the executives have been more concerned about themselves and not the company they are supposed to be working for.
 
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Old Apr 5, 2007 | 08:19 PM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

I agree, he's wanted something like this for years and will hopefully turn things around.............

Dusty
 
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Old Apr 6, 2007 | 12:49 AM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

Here's hoping it goes through. Seems to me anyone willing to invest that much and take that kind of risk will do everything they can to make sure the company succeeds.
 
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Old Apr 6, 2007 | 01:48 AM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

I think it's a smart decision, it'll benefit the both of them when DC eventually makes a profit. If he bid 22.8 billion in 1995, My guess is that he will be more than willing to bid up to that this time and who else will match that??? Another thing this does is add to the bidding war and could create a very large closing bid.
 
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Old Apr 6, 2007 | 03:48 AM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

The deal should be good, I like the idea of Chrysler being 100% American as stated.

Will Mercedes finally be rid of Chrysler for good?

I hope so, I didn't appreciate Chrysler using the SLK platform for the Crossfire or which ever MB suspension they used for the 300/magnum. Chrysler wants to draw in the luxury crowd, but taking the luxury from us isn't the right thing to do. With that concept, they should buy Honda and use their engines to boost that little unreliabletrend Chrysler has going on.

$4.5 billion cash

Hardly what Chrysler is worth, the bid will be much higher. They really could pull the 300 off if they stopped using cheap materials like Dodge. Make the 300 an Imperial. Make the Pacifica more geared towards the x5, Acadiaor M-Class to boost sales.

I think the problem ultimately lies in upper management. They haven't done anything with the vehicles or produced incentives excluding rebates. Rebates will go only so far, however if they created an incentive for people to actually want to buy these cars and appreciate them, thenChrysler's golden.
 
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Old Apr 6, 2007 | 03:58 PM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

ORIGINAL: ViperGTS

The deal should be good, I like the idea of Chrysler being 100% American as stated.

I hope so, I didn't appreciate Chrysler using the SLK platform for the Crossfire or which ever MB suspension they used for the 300/magnum. Chrysler wants to draw in the luxury crowd, but taking the luxury from us isn't the right thing to do. With that concept, they should buy Honda and use their engines to boost that little unreliabletrend Chrysler has going on.
I agree with you that it is wrong that Chrysler is using MB platforms and technology as I'm one who does not likeoutsourcing. I think Chrysler would have beenbetter off if they would have used the LH platform as a template for a new RWD platform, instead of using the Mercedes E-Class platform.It would probably have helped to keep costs down.

What unreliable trend are you referring to? Most of Chrysler's engines are fine in terms of reliability, refinement might be a different storyfor the smaller engines (World Engine, 2.7L).The World Engine linehasn't been out long enough to determine if they are reliable or not. The problems with the 2.7L have supposively been resolved. The 3.5L is a reliable engine as is the other SOHC and OHV varients of that family. The3.7L/4.7L and 5.7L do not have any wide spread problems. I really don't see your point in needing to outsource yet again. The only thing Chrysler needsis to add some updated technology to their V6and V8 line (VVT and Direct Injection).
They really could pull the 300 off if they stopped using cheap materials like Dodge. Make the 300 an Imperial. Make the Pacifica more geared towards the x5, Acadiaor M-Class to boost sales.

I think the problem ultimately lies in upper management. They haven't done anything with the vehicles or produced incentives excluding rebates. Rebates will go only so far, however if they created an incentive for people to actually want to buy these cars and appreciate them, thenChrysler's golden.
I suppose you mean treating the 300 as though it was the Imperial (using softmaterials on the dash and arm rests, and such). I agree that their current strategy with the Pacifica isn't working and will not work unless Chrysler goes more upscale. If they drop the 3.8L out of the Pacifica,give the4.0La tech update, and offer a larger engine for an option, they would be able to be seen as more premium. They should consider making a Dodgeversionto coverfor the non-luxury versions.

I agree that is part of the problem.Chrysler needs a serious update ina majority of the engine department and they need to shead themselves of outdated, uncompetitive technology (4-speed automatics). Rebates have been one of the things hurting Chrysler's image and profits. They should instead spend thatmoney on improving their line-up. If it won't sell without an incentive, then it shouldn't be sold.
 
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Old Apr 7, 2007 | 04:01 AM
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Default RE: Kerkorian bids on chrysler for $4.5 Billion

ORIGINAL: f0x672

http://news.yahoo.com/s/ap/20070405/...sler_kerkorian

I like the idea of bringing the company back to 100% u.s.a. owned.. should of stayed as chrysler corporation
Simply un-believable. Awesome!

100% American owned, and a completely independant entity. Thats what they need!

Blow Toyota away.
 
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