is dodge american?
#11
#13
![Default](https://dodgeforum.com/forum/images/icons/icon1.gif)
Be careful if you only drive FORD. NISSAN was possibly looking at merging with them. Then you'd be driving a tuner import. In that case I'd rather drive a German car. At least I'd be honoring the counrty where my ancestors came from
#14
![Default](https://dodgeforum.com/forum/images/icons/icon1.gif)
Dodge and Chrysler may soon be bought,
either by American citizens who work for Wall Street 'private equity' companies,
or perhaps by Magna International, which is a Canadian company.
This may be good or it may be bad.
How bad?
Well the classic private equity 'quick profit' technique
would be to buy Chrysler for about 6-8 $ billion,
quickly sell off the Jeep division for about 4-5 $ billion,
sell the minivan design and plants to GM or Ford for 1-3 $ billion,
declare bankruptcy for the remaining parts,
stick the US Gov agency called the 'Pension Benefits Guarranty Trust'
with $15 billion of the unfunded UAW pension and health benefits,
and get the bankruptcy court legal permission to sell off the remaining bits
for small sums to whoever would buy the real estate and scrap iron.
Chrysler's truck and car divisions are considered to be less worth than zero when UAW contract obligations are factored in. GM, Ford, Nissan and Toyota all have excess pickup and car capacity in factories that quite frankly are newer and more modern. Part of these newer factories were paid for with incentives from various US States.
The Mexican factories where Chrysler builds the Ram, 5.7 Hemi and PT Cruiser would be easily sold to another automaker such as BMW, Nissan or China's Chery, which are looking for NAFTA eligible plants that could also produce for the growing South American market.
either by American citizens who work for Wall Street 'private equity' companies,
or perhaps by Magna International, which is a Canadian company.
This may be good or it may be bad.
How bad?
Well the classic private equity 'quick profit' technique
would be to buy Chrysler for about 6-8 $ billion,
quickly sell off the Jeep division for about 4-5 $ billion,
sell the minivan design and plants to GM or Ford for 1-3 $ billion,
declare bankruptcy for the remaining parts,
stick the US Gov agency called the 'Pension Benefits Guarranty Trust'
with $15 billion of the unfunded UAW pension and health benefits,
and get the bankruptcy court legal permission to sell off the remaining bits
for small sums to whoever would buy the real estate and scrap iron.
Chrysler's truck and car divisions are considered to be less worth than zero when UAW contract obligations are factored in. GM, Ford, Nissan and Toyota all have excess pickup and car capacity in factories that quite frankly are newer and more modern. Part of these newer factories were paid for with incentives from various US States.
The Mexican factories where Chrysler builds the Ram, 5.7 Hemi and PT Cruiser would be easily sold to another automaker such as BMW, Nissan or China's Chery, which are looking for NAFTA eligible plants that could also produce for the growing South American market.
#15
![Default](https://dodgeforum.com/forum/images/icons/icon1.gif)
Well the classic private equity 'quick profit' technique
would be to buy Chrysler for about 6-8 $ billion,
quickly sell off the Jeep division for about 4-5 $ billion,
sell the minivan design and plants to GM or Ford for 1-3 $ billion,
declare bankruptcy for the remaining parts,
stick the US Gov agency called the 'Pension Benefits Guarranty Trust'
with $15 billion of the unfunded UAW pension and health benefits,
and get the bankruptcy court legal permission to sell off the remaining bits
for small sums to whoever would buy the real estate and scrap iron.
>>>>>>>>>>
The company I work for was broken up into three parts....one part was sold to Super Value, which operates grocery stores, the drug divison was purchased by CVS, the rest was purchased by private equity firm Cerebus<sp?> , they bought up all the divisions losing money.......hhhhhhhhmmmmmmmm, why on earth would they do that? Cause sold of in bits and pieces those property locations are worth much more then they paid for the divisions. I've heard their name come up in the Chrysler talks.
would be to buy Chrysler for about 6-8 $ billion,
quickly sell off the Jeep division for about 4-5 $ billion,
sell the minivan design and plants to GM or Ford for 1-3 $ billion,
declare bankruptcy for the remaining parts,
stick the US Gov agency called the 'Pension Benefits Guarranty Trust'
with $15 billion of the unfunded UAW pension and health benefits,
and get the bankruptcy court legal permission to sell off the remaining bits
for small sums to whoever would buy the real estate and scrap iron.
>>>>>>>>>>
The company I work for was broken up into three parts....one part was sold to Super Value, which operates grocery stores, the drug divison was purchased by CVS, the rest was purchased by private equity firm Cerebus<sp?> , they bought up all the divisions losing money.......hhhhhhhhmmmmmmmm, why on earth would they do that? Cause sold of in bits and pieces those property locations are worth much more then they paid for the divisions. I've heard their name come up in the Chrysler talks.
#17
![Default](https://dodgeforum.com/forum/images/icons/icon1.gif)
ORIGINAL: AmericanFord
well enjoy your mexican/ german trucks.
as i will only drive ford (built in new jersey) trucks that are AMERICAN, with a big ole american flag in the back
well enjoy your mexican/ german trucks.
as i will only drive ford (built in new jersey) trucks that are AMERICAN, with a big ole american flag in the back
#19
![Default](https://dodgeforum.com/forum/images/icons/icon1.gif)
ORIGINAL: AmericanFord
well enjoy your mexican/ german trucks.
as i will only drive ford (built in new jersey) trucks that are AMERICAN, with a big ole american flag in the back
well enjoy your mexican/ german trucks.
as i will only drive ford (built in new jersey) trucks that are AMERICAN, with a big ole american flag in the back
I guess you can't handle real power.