Author Topic: MOPAR SELLS OUT....  (Read 3646 times)

Offline BigFord74

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MOPAR SELLS OUT....
« on: 05/14/07 - 10:42AM »
They sold the company to some non auto affiliated company for $7.4Billion.  Guess the company is good at trimming fat off a company and getting there profit's up.
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Offline YJ_Aaron

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Re: MOPAR SELLS OUT....
« Reply #1 on: 05/14/07 - 11:53AM »
Must be a bargain since it sold for $30 billion in the 90's
Is it possible for a jeep to ever truely be finished?<br /><br />Only the dead have seen the end of war---Plato

Offline BigFord74

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Re: MOPAR SELLS OUT....
« Reply #2 on: 05/14/07 - 01:47PM »
Wow, someone to a licking then. Sounds like they musta been really hurting. I know what used to be the big 3 are in a slump, since the "foreign" company's have started being really competitive.
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Offline YJ_Aaron

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Re: MOPAR SELLS OUT....
« Reply #3 on: 05/14/07 - 02:51PM »
The "BIG 3" actually don't exist anymore.  They are now referred to as the "Detroit 3" since Toyota is now #2 and gaining fast.

Ya Chrysler share holders took it on the chin with this one.  DX stock had just recently gotten back to its prebuy level.
Is it possible for a jeep to ever truely be finished?<br /><br />Only the dead have seen the end of war---Plato

Offline BigFord74

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Re: MOPAR SELLS OUT....
« Reply #4 on: 05/14/07 - 04:46PM »
Ya i knew Yota was closing in pretty fast at one time. I keep waiting to see if the government will step in again and help any with that. Like they did back in the day bailing chrysler out of a pickel.
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Offline YJ_Aaron

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Re: MOPAR SELLS OUT....
« Reply #5 on: 05/14/07 - 04:51PM »
I think if they help anyone it will be GM/Ford.  I read an article the other day that the FORD family was struggling.  The FORD family trust which holds like 49% of Ford stock had twindled in value and the family was worried how they would live on it now.  I think the remaining value was something like 300 Billion, really just scraping by right?
Is it possible for a jeep to ever truely be finished?<br /><br />Only the dead have seen the end of war---Plato

Offline BigFord74

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Re: MOPAR SELLS OUT....
« Reply #6 on: 05/14/07 - 06:20PM »
Ya, before you know it they'll have to eat out of gold plated trash can's i'm sure. I know yota has a diesel in the works and both Nissan and Yota are supposed to be working on a 3/4ton style truck.
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Offline YJ_Aaron

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Re: MOPAR SELLS OUT....
« Reply #7 on: 05/14/07 - 06:25PM »
Ya, I had to do an industry analysis of Toyota.  From reading their Annual Report, if the Tundra takes off then it will be the jumping off point for the 3/4 ton diesel they have in the works.  That vehicle was factored in when they spent $4 billion for the new "truck" facility in Texas
Is it possible for a jeep to ever truely be finished?<br /><br />Only the dead have seen the end of war---Plato

Offline BigFord74

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Re: MOPAR SELLS OUT....
« Reply #8 on: 05/14/07 - 11:31PM »
Ya i was watching a show the other day, they were at one of the big auto show's and they briefly mentioned how much bigger the pumpkins were in there rear end's. Then shortly there after mentioned the diesel. And all they would say is, "you put the to together" LOL
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Offline LibertyPatriot

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Re: MOPAR SELLS OUT....
« Reply #9 on: 05/15/07 - 04:21PM »
From a piece on I think it was NBC Nightly News last night, a rep from Cerberus said they had no plans of layoffs, but want to build the product lines and increase technology and engineering.  UAW reps believe this is good for them and aren't showing any signs of worrying like they were when it was DCX.

With the integration of product lines like the Compass/Caliber and Liberty/Nitro and coming soon the Grand Cherokee/Durango, only a further push towards cross platforms will emerge.  The Jeep brand is a lifestyle product and sells that way with the exception of the Commander and to an extent the GC.  Dodge is somewhat a mindset product.  You know, my dad drove a Dodge so I drive one kind of thing somewhat.  To me it's what I am comfortable in.  I've not liked the interiors of GM products except for Saturn for years.  I do like the look of Ford products, but because their service depts are generally so busy I've stayed away from them for several years now.  When we first bought our KJ back in 2001 I was hooked from there on Jeep/Dodge styling and function.

Dodge has been a small market builder starting with the Viper and then Chrysler's Crossfire.  That to me tells me they are willing to build a short run production product such as a Jeep pickup.  Obviously Jeep knows that special options that are charged a premium works, look at the Rubicon models.  Many owners of these trim models never put it in 4lo, but are willing to pay extra for the name badge and knowing it's there if they need it or want to sell it and get a better return.

If a JT presents itself in the market, my bet is it will have a 4 cylinder diesel of the Bluetech variety since Daimler still has that 20% +/- stake in Chrysler.

Just my take on it all.
Keith
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