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RE: Chrysler In Talks to Sell Off...JEEP.

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RE: Chrysler In Talks to Sell Off...JEEP. - 2/13/2008 11:42:05 AM   
HankL

 

Posts: 2719
Joined: 8/20/2005
Status: offline
Cerberus has always told the Wall Street analysts
that Jeep was the key to their 'downside risk'
in the Chrysler deal. 

If the deal to revive all of Chrysler went sour,
Cerberus said they believed they could sell off the Jeep division alone
for something like 5 to 7 billion dollars
...which means the most they thought they could lose
out of the 9 billion $ deal
was 30% or so of what they invested.

The above article is a REALLY bad warning of things to come
if you are presently a Chrysler employee
not in a Jeep related factory.

(in reply to grungerockjeeper)
Post #: 16
RE: Chrysler In Talks to Sell Off...JEEP. - 2/14/2008 4:31:20 AM   
Polish Don

 

Posts: 60
Joined: 8/11/2004
Status: offline
Well,

If you read this article:

http://www.autoblog.com/2008/02/11/mahindra-appalachian-diesel-pickup-arrives-in-us-next-year-dies/

They state that they will be doing the finish assembly of the truck in Ohio...........

Here's another thought, could they sell Chrysler to M&M ???

_____________________________

2006 Chrysler Town & Country Limited

2007 Dodge Magnum SXT

And a True Classic !!!

1975 Dodge Coronet Crestwood Station Wagon ......


(in reply to HankL)
Post #: 17
RE: Chrysler In Talks to Sell Off...JEEP. - 2/14/2008 7:31:44 AM   
dodgebrothers


Posts: 424
Joined: 12/13/2005
Status: offline
Unfortunately, I believe they'll keep selling off peices to make some return or stop red ink.  Frankly, even if the company was generating profits it would be on the block to the highest bidder.  Cerberus is a private equity firm, they'll make a dime wherever they can.

Next Hundred Years... yea, right.


_____________________________

Nothing beats a Mopar!

(in reply to Polish Don)
Post #: 18
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