Ok, as alot of people know chrysler might be sold, well to day i got word from my dad, he works for the donloe corp, they sell flets of cars to companys etc. So he gets the scoop on almost everything. Well he got a e-mail to day saying that chrysler has 99% been sold, just workin out the rest of the paper work. I talked with him about if they would sell off the jeep part then dodge etc. He said that is what is probly going to happen. On another note the canadin company that is buying it had a mobster just buy his way in to the top of the company *weird fact lol* So everyone hope that dodge dosent get ****ed over!

 

Chrysler was sold to Cerbeus, a private equity firm that will probably sell off Jeep to GM and go on a cost cutting spree......more then likely gutting the UAW.

 

raidermike67- your right i just talked it over with my dad, honstly it could go anyway, right now what they are saying is thatthey want to build it up more and make it a stronger comapny *for right now* even though what my dad belives and so do i, is that yes the company will be choped apart and like u said a cutting spree. There is still a little hope that they hold it all to geather and stick with what they are saying. We will just have to wait and see.

 

Anytime you hear merger or private equity firm.......pray!