• Oct 17, 2008
One aspect of the possible GM/Chrysler merger often overlooked is that Daimler didn't completely divest itself of its Chrysler ownership back in early 2007, and the German automaker's 19.9 stake. Also part of the rumor mill is possible involvement with Renault/Nissan, which has been actively working with Chrysler on collaboration projects in the past year.
According to CNBC, the merger of GM and Chrysler could be complete within the next two weeks, but with neither of the two parties talking, it's all speculation at this point. Recent reports from the Wall St. Journal and CNN say that talks are rapidly accelerating, so there could be more to Chrysler/GM talks than we'd originally thought. Then again, the Internets have been wrong before.

[Source: Automotive News subs req'd]


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  • 18 Comments
      • 6 Years Ago
      That picture should be captioned: "Do not pass go. Do not collect $200."
      • 6 Years Ago
      I think GM is underestimating the degree to which loyal customers of Chrysler's will abandon the brand if GM takes it over (and then apart). Being no fan of GM products (I've owned several, none of which has been a good experience) I can guarantee that this "merger" will simply mean that I will eventually be dumping my Chrysler products for one of the other surviving companies, even if that means going offshore.
      • 6 Years Ago
      "Then again, the Internets have been wrong before"

      There is only one internet on earth.
        • 6 Years Ago
        That's not entirely accurate.
        • 6 Years Ago
        Luigiian, you forgot teh Goatse. There's always teh Goatse.
      • 6 Years Ago
      So what ever happened to the
      "AUTO BLOG PODCAST"?!?!
        • 6 Years Ago
        I miss the podcasts too, but if you listen to the most recent one, they said they needed a break from it for a while due to slow news season.

        Well, The new season has picked up unexpectedly. So I think it's time to bring it back.
      • 6 Years Ago
      "You must be the Monopoly guy!"

      Honestly, I could never take that guy seriously.
      • 6 Years Ago
      They'll combine two operations, and will become like PSA group of Peugeot and Citroen. Joint income and lower long-term capacity.

      Greetz Bob - http://www.torrentbug.com
      • 6 Years Ago
      "Detroit superconglomerate"

      The numbers would be huge (in the red, most likely)
      • 6 Years Ago
      ..and I still hold Daimler personally responsible for destroying a perfectly profitable car company.
      • 6 Years Ago
      They'll combine two operations, and will become like PSA group of Peugeot and Citroen. Joint income and lower long-term capacity.
      • 6 Years Ago
      This is the corporate version of Deliverance.

      Diamler and GM : Squeal like a pig, Chrysler boy!

      Chrysler: Squeal! Squeal!
      • 6 Years Ago
      This merger is just as crazy as a tiger riding a bicycle.
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