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Reader Comments for
Subscribe to this threadRumor of the Day: GM may buy Chrysler Group
(Page 1 of 1)
Howard Kerr @ Feb 14th 2007 4:08PM
In just the last week I have read/seen several news stories that say the board of DCX are being STRONGLY urged to dump Chrysler. ALL the stories cite the DCX board as being quite concerned about the (recent) downturn in Chrysler's financial health. My feeling is that those folks who want to split apart DCX have been waiting for any excuse to get Daimler back to being a completely German company and have seized on the poor financial health of Ford, GM, and now Chrysler as proof that the American part of DCX is, and most likely will continue to be a drag on company/shareholder value.
I can't imagine WHY GM would want Chrysler, or where they would manage to get the cash, unless DCX does a BMW-Rover like deal. That is, "you can have the company for a token sum of money".