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WildCat





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posted 11-14-2000 02:50 PM     Click Here to See the Profile for WildCat     send a private message to WildCat   Edit/Delete Message   Reply w/Quote   Search for more posts by WildCat
Last night I was on another Mopar site and read that the friendly merger (Chrysler/Benz )was really a takeover. Then today at work I'm watching the news on our satelite and it stated the same thing.

Rumor that they now want to sell Chrysler off but keep Dodge. It was speculated the concept cars that we heard would be built have all been cancelled. 300 convertible, new ram truck, Charger R/T

This is a real shock to me. In the last few weeks I have heard that they are planning on another new Transmission plant in KOKOMO and they are building a new 400,000 sq. ft. building in New Castle to replace the 100 year old building they are in now. This sounds like good news. But then the RUMOR comes along. DOES ANYONE OUT THERE KNOW MORE ABOUT THIS?

I feel Chrysler has the BEST looking car line out there. From the entry level Neon to the 300M/LHS. but it takes the desire to succeed to build cars off the beaten path. The Viper was the first real step off the deep end and then the Ram truck. I heard alot of negitive comments about it before it was built but the results were outstanding and then they built the Prowler, our material LOVE interest and now the PT Cruiser.

Is this Rumor True? Will the sparkes die? Will there be another cool car come out of DC? Will there be a DC?

I hope that the rumor is just that

I found this on the other site today
http://ap.tbo.com/ap/breaking/MGAXOY80KFC.html

This message has been edited by WildCat on 11-14-2000 at 03:00 PM

Gary C


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posted 11-14-2000 03:04 PM     Click Here to See the Profile for Gary C     send a private message to Gary C   Edit/Delete Message   Reply w/Quote   Search for more posts by Gary C
Cool Site DC info
CJ





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posted 11-14-2000 04:11 PM     Click Here to See the Profile for CJ     send a private message to CJ   Edit/Delete Message   Reply w/Quote   Search for more posts by CJ
Bob will be home soon and we will try to post some answers to your questions.

Laddie Roussel





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posted 11-14-2000 05:05 PM     Click Here to See the Profile for Laddie Roussel     send a private message to Laddie Roussel   Edit/Delete Message   Reply w/Quote   Search for more posts by Laddie Roussel
Larry.

USA today is reporting that Jim Holden may be replaced by a new German CEO from Benz by Friday... Here's the link to the USA report...
http://www.usatoday.com/money/mfront.htm

ETMIDZT


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posted 11-15-2000 09:33 AM     Click Here to See the Profile for ETMIDZT     send a private message to ETMIDZT   Edit/Delete Message   Reply w/Quote   Search for more posts by ETMIDZT
Well I've read both articles posted. I'm AMAZED! Why was Chysler doing so well before the Germans? Gee, I have a door in my office and 99% of the time my door is open. Open door policy.
CJ have you heard anything that's worth reporting?
CJ





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posted 11-15-2000 10:16 AM     Click Here to See the Profile for CJ     send a private message to CJ   Edit/Delete Message   Reply w/Quote   Search for more posts by CJ
We are not privy to any different information than what you are all hearing. If we were, we would still not be able to comment. I guess we will all have to wait and see what the outcome will be.

Re: open door......this was a merger of two very different cultures and working environments.

Wayne Finch



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posted 11-15-2000 05:09 PM     Click Here to See the Profile for Wayne Finch     send a private message to Wayne Finch   Edit/Delete Message   Reply w/Quote   Search for more posts by Wayne Finch
My understanding from my Wall St contacts is that this in fact is going to take place. Without inferring anything about Mr. Holden, the sad thing is that a slowdown in the economy is being blamed on American management. The senior mgmt team that made Chrysler so attractive to DB is now essentially gone. It also looks like the innovative culture at C is being curtailed quite dramatically. No mgmt, no innovation - what are you left with? Bricks & mortar. It is not like DB was or is a well run company. Yes, they have some nice vehicles but their development cost structure is bloated (to say the least). The fifteen year bull market in new vehicle sales has skated DB onside. You know what they say - NEVER CONFUSE BRAINS WITH A BULL MARKET
Mike Krehel





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posted 11-15-2000 05:24 PM     Click Here to See the Profile for Mike Krehel     send a private message to Mike Krehel   Edit/Delete Message   Reply w/Quote   Search for more posts by Mike Krehel
Funny thing is that Alan Greenspan seems to think the economy is still growing. His stance today on not easing interest rates will only hurt the economy more. I'm sure all his friends and relatives are privy to the way the stock market will react to his statements and can foresee how to buy and sell their stocks, but pity the poor average Joe investor who is now up to his a** in margin calls and heavily in debt because of falling stock prices. This will only further hurt the future of new car and home purchases.
Dave Gregory

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posted 11-15-2000 07:54 PM     Click Here to See the Profile for Dave Gregory     send a private message to Dave Gregory   Edit/Delete Message   Reply w/Quote   Search for more posts by Dave Gregory
Mike, I am with you on this. I have been telling friends and family the economy has been slowing for 9 months. Our brilliant leaders seem to think home sales are an indicator. The point they seem to forget is that most people plan a newly built home months or years in advance. By the time housing slows it is to late. (Go figure or great government)
steven
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posted 11-15-2000 11:39 PM     Click Here to See the Profile for steven     send a private message to steven   Edit/Delete Message   Reply w/Quote   Search for more posts by steven
I've seen on a web site that the head people from Germany went into the Viper and Prowler factory and said that Chrysler only need one image cars that the Prowler have to go.

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