Author Topic: Did you guys see this  (Read 1717 times)

Offline djr71

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Offline Rev-It-Up

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Re: Did you guys see this
« Reply #1 on: February 16, 2007 - 11:57:46 AM »
I'm holding on to this sentence.... "This would be a at least $5 billion plus deal and GM is not that liquid right now," John Casesa said, an automotive analyst with Cases Strategic Advisors LLC. "I'm not convinced at all and I think it's unlikely."
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Offline 71bigblock

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Re: Did you guys see this
« Reply #2 on: February 16, 2007 - 12:00:27 PM »
I'm holding on to this sentence.... "This would be a at least $5 billion plus deal and GM is not that liquid right now," John Casesa said, an automotive analyst with Cases Strategic Advisors LLC. "I'm not convinced at all and I think it's unlikely."

  :iagree: That stuck out to me, too  :o

Offline djr71

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Re: Did you guys see this
« Reply #3 on: February 16, 2007 - 12:12:10 PM »
I hope it's not true. I could not imagine showing my Cuda at a GM show.

Offline moper

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Re: Did you guys see this
« Reply #4 on: February 16, 2007 - 01:02:10 PM »
No way. AS a shareholder, I ge tthe paperwork and I can tell you the Mercedes stock holders have been up in arms (and in lawsuits) since the "Merge-over". The stock is still $30-35 per share under what it was trading at before the Germans took over. But GM cant afford it's own retirement plans for it's workers. So I dont think they are shopping for anything right now.

Offline moparnut

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Re: Did you guys see this
« Reply #5 on: February 16, 2007 - 05:17:50 PM »
I saw that on MSN the other day.If GM buys Chrysler,I dont think i will ever buy another new Mopar :bigsmile:
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Offline Topcat

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Re: Did you guys see this
« Reply #6 on: February 16, 2007 - 05:38:37 PM »
Think of the name possibilities if they did merge. (which I doubt also would happen)
MO GM!
Gopar!
Chevromopar  :22yikes:
Mike, Fremont, CA.


Offline moparnut

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Re: Did you guys see this
« Reply #7 on: February 16, 2007 - 06:32:41 PM »
Or they change the name to GM(General Mopar) :violin:
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Offline BIGSHCLUNK

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Re: Did you guys see this
« Reply #8 on: February 16, 2007 - 06:55:05 PM »
Hmmm the new Impallenger? Or maybe the Barravette??  :roflsmiley:
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Offline 6packCuda

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Re: Did you guys see this
« Reply #9 on: February 16, 2007 - 07:35:26 PM »
I don't know how GM can even think of buying anything right now. From everything I've heard, their on the verge of going bankrupt.
Dave

Offline moparnut

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Re: Did you guys see this
« Reply #10 on: February 16, 2007 - 09:21:45 PM »
I don't know how GM can even think of buying anything right now. From everything I've heard, their on the verge of going bankrupt.
It wouldnt be the first time someone bought something they cant afford,Its the American way"CHARGE IT".I am sure many banks would lend the money they needed to buy Chrysler if they wanted to do so.Purchases like this happen everyday in the corporate world.They may be looking at Chrysler to bail them out of their pending doom.
70 Barracuda Gran Coupe,383-4bbl,# Match
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Offline Bondavi

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Re: Did you guys see this
« Reply #11 on: February 17, 2007 - 01:13:20 AM »

If not GM, then Toyota would. Scary thought, isn't it?  :22yikes:

Hold on to your dear Mopars....they may be the last of a breed.

It'll be interesting to see if Daimler holds out til after the 2008 Challenger is released (if thats still the plan now!) to see if it gives them the same life-saving boat that the 2005 Mustang did for Ford.
David

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Offline matt63

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Re: Did you guys see this
« Reply #12 on: February 17, 2007 - 09:44:20 AM »
If not GM, then Toyota would. Scary thought, isn't it?  :22yikes:

Hold on to your dear Mopars....they may be the last of a breed.

It'll be interesting to see if Daimler holds out til after the 2008 Challenger is released (if thats still the plan now!) to see if it gives them the same life-saving boat that the 2005 Mustang did for Ford.
The rumor is that the estimated production is 30,000/year (for the first year anyway) so I don't see this as any kind of saviour.  It will help them keep some jobs but that is about it.
Matt in Edmonton

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Offline willhaven

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Re: Did you guys see this
« Reply #13 on: February 17, 2007 - 10:28:58 AM »
Wouldn't bother me one bit. All of their good cars were made 25+ years ago anyway.

Now if Honda or Toyota were bought by GM, then I'd be scared.

Offline HemiOrange70

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Re: Did you guys see this
« Reply #14 on: February 17, 2007 - 03:19:06 PM »
Yes the new camallenger will have a V6 HP motor . The hemis will be in vettes only