Who is going to service and label sprinter

rvdriverca

New member
MB wants to sell Chrysler, who is going to carry the Sprinter badge in the future????




DaimlerChrysler considering sale of Chrysler division
GREG KEENAN, Globe and Mail Update




DaimlerChrysler AG is considering selling its money-losing Chrysler division and undoing the largest merger in auto industry history.

The announcement came as the Chrysler Group said it will cut more than 13,000 jobs, or 16 per cent of its work force, as part of its long-awaited restructuring plan, including 2,000 jobs in Canada.

About 1,650 jobs will be eliminated in Windsor, Ont., and another 350 in Brampton, Ont.

“No option is being excluded in the interest of arriving at the best possible solution for the Chrysler Group,” DaimlerChrysler said in a statement Wednesday ahead of the release of full-year financial results and the restructuring plan for the troubled U.S.-based division.

DaimlerChrysler chairman Dieter Zetsche said later, at his company's annual news conference, that the Chrysler team had “worked out a comprehensive recovery and transformation plan using all resources within DaimlerChrysler.

“In addition to that and in order to optimize and accelerate the presented plan, we are looking into further strategic options with partners beyond the business co-operation partners mentioned. In this regard, we do not exclude any option in order to find the best solution for both the Chrysler Group and DaimlerChrysler,” he said.

The company added that far-reaching options are being considered by the DaimlerChrysler supervisory board to assist in the restructuring at Chrysler, including finding a partner for the division.
 

frostback

junior sprinter
We are already the redheaded stepchildren in Mopar circles, now it looks like we're going to be orphans.:cry:

Maybe Freightliner will adopt us? :idunno:
 

Altered Sprinter

Happy Little Vegemite
'Marriage on the Rocks'

A break up would end the historic acquisition nine years ago
Of the Chrysler By Damlier-Benz of Germany
Which was promoted as a merger of equals
But has ended evolved into an unhappy marriage of the opposites
============================================
From the onset of the formation of the two organizational institutes, it was clear from the start, that there was not one management! But a synergies of company management structures in place a premeditated disaster from the start back in 1998.
Towards the end of the financial year, shareholders took action in the European courts as to the structure of the marriage of inconvenience that' is now the favorite catch cry, as to being misled on the voting of the acquisition of Chrysler. French courts are a little liken to the Spanish inquisition, "No holds bared."
In 2006 Daimler Chrysler US division reported a 1.5 billion loss , discounts of invoice pricing, zero interest if you had credit rating A, were on the go along with trying to move 128 days of inventory stocks, even today You have stock locked up, not sold in the holding yards.{Dated 2006}
Exclusion from the discounting were The Sprinter,with a range of trucks, as they were the bread of the profitable side of the companies products sold! "Or were They?''
With the Stock holder base of investors, who finance the corporations finances, it was to become evident as to collusion to collude with price fixing between countries of origin and or between boarders, this has cost the Damlier-Benz corporation millions of Euros since 1995, the last one was between The North American sector between large pricing discrepancies between Canada and the United States. NAFTA lodged a complaint under the free trade agreements with the European courts, under the anti-trade Sherman's act of price fixing and collusion to collude between boarders, with price fixing and restricting Franchises! 'To compete with The American side of the Boarders', where intimidation of threats, as to with-drawing a franchise agreement was proven."Look at the infighting with Dodge and freightliner". If the Franchise did not co-operate with DCX and Damlier-Benz depending on which franchisee was selling either Dodge or Mercedes products. It was proven! But due to the numbers of vehicles sold, the European court of Justice, was limited to handing out a slap on the wrist of a few million Euros, based on a figure of numbers of vehicles sold,that did not meet the criteria for Fraud related transactions by Corporate management CEO'S
With a further 13000 Jobs to go in The North American sector along with over one million auto workers in the N/American sector, this further erodes the confidence of Ordinary folk who now worry how to put food on the table and pay the mortgage off where there has been a 50% increase on mortgage defaults figures, in the US Housing sector in the last year.
With The announcement of the shake up in restructuring the financial side of the DCX group, shares have plummeted, as Damlier-Benz shares have increased with an expected decision that may well be foundered to 'Dumping' off the side of it's unprofitable operations mainly in the sedan manufacturing sector,speculators and future traders are having a ball.
Although the Damlier-Chrysler Division made an operating profit across the board in the N/American sector from All D.C investments 7.3 billion it's critical with the introduction of the New Sprinters and pricing today for it's continued association with the synergies of management to repair and turn around it's operating profits,with Mazda and Renault waiting in the backgrounds, like vultures looking for a quick meal,specialize in the manufacture of global small medium sized vehicles where profits lie not in a high Speed production 600HP Viper.
Mercedes is not a small car manufacture it specializes in the high end market place I guess it's saying enough is enough.
Links to pricing for the 2007 Sprinter
Dodge Announces Pricing for All-New 2007 Dodge Sprinter: Financial News - Yahoo! Finance

Chrysler V Damlier.jpg
With a marriage on the rocks, and the show room on the blocks
The question is Who will survive.?
'Lord won't you buy me a Mercedes-Benz'
Richard
 

Attachments

Zach Woods

New member
Maybe Freightliner will adopt us? :idunno:
Howdy Frostback -

You might be correct about Freightliner.

Ironic given that the Sprinter was taken away from them and given to Dodge but if the merger is disolved Daimler will still likely have Freightliner and that would seem to be the logical place for Daimler to put the Sprinter (given the refusal by MBUSA to sell trucks).

The talk of disolving the merger first started up 6 months or so ago (at least in the US press). How recent is the article posted at the beginning of this thread?

Zach
 

Altered Sprinter

Happy Little Vegemite
Todays news I would think, this is hot news at the moment in Europe the stock markets,are sending the hedge fund operators into a frenzy, and up to date by the hour postings on business news .{Reuters}
I hope it settles down as to the saber rattles, it gets folk nervous.
If any one wants the info I can link them in.
Richard
 

Altered Sprinter

Happy Little Vegemite
GM to buy Chrysler

Yesterdays news is always tomorrows news :thinking: as previously stated somewhere back in the pages that the the only ones after a quick buck to destabilizes the auto industry is the speculators in the stock market , playing the future markets , hedging against future stock profits:thumbdown: D.C Will continue to support to refinance the DCX Group the second time in six years, as a desperate but not impossible approach for it to become a profitable exercise for the stock holders, who have invested into the Damlier-Benz Damlier Chrysler group of subsidiary's over the last 10 years. The latest attempt is the final warning for the DCX group to get it right, with the management of the DCX group , retuning , the works, cut backs , in production in the engine plants and manufacturing plants for the Chrysler Vehicles in the N/American sector are only the first signs to indicate all is not well, with job losses totaling 13000 from blue color workers to administration through to out sourced company's supplying parts, this will have immediate ramifications throughout the Manufacturing industry, that has a flow on effect that ripples through out the States, in other sectors of the economics of the North American economy.
Seriously The Sprinter of 2007, Has more importance attached to the success of the Sprinter than has a 600HP Viper.
To indicate how a rummer can circulate to further erode confidence in a company that ultimately impacts upon it's day to day operations down to the bread and butter line of the show room floor, read this link below.
GM to buy Chrysler
Any comments?:professor:
Richard
 
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sikwan

06 Tin Can
I don't think this will happen due to GM's legacy costs. Even if it does, which I will be VERY surprised, the Sprinters will either leave the US market entirely or be distributed/serviced by Freightliner.

Seek
 

Altered Sprinter

Happy Little Vegemite
I don't think this will happen due to GM's legacy costs. Even if it does, which I will be VERY surprised, the Sprinters will either leave the US market entirely or be distributed/serviced by Freightliner.

Seek
I agree its the sedan section thats losing money not the truck division, even if they did sell out, the Sprinter has too many advantages over locally built Van units. But think of this senerio IF GM :lol:did buy out the division! How long would it take for GM to bring the Iveco in ?
Richard
 

Zach Woods

New member
I agree its the sedan section thats losing money not the truck division, even if they did sell out, the Sprinter has too many advantages over locally built Van units. But think of this senerio IF GM :lol:did buy out the division! How long would it take for GM to bring the Iveco in ?
Richard
Howdy Richard -

I understand the market resistance issues (which Dodge has encountered with the Sprinter) but otherwise I don't understand why GM (or somebody else given the dissolution of the FIAT GM connection) hasn't already brought Iveco (in a big way) into the US.

Obviously there would need to be a dealer and service network to support any new brand introduced into the US (or any other market), and the US consumer can be very prickly (true in other countries also) about foreign brands, but I see solid technology and designs that are available elsewhere and that could at least serve a niche need in the US.

Zach
 

poolmike

'05 2500 SHC
GM doesn't want to destroy itself by bringing the Iveco in the market. The only thing keeping the US auto industry alive is it's trucks.
 
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Altered Sprinter

Happy Little Vegemite
Poolmike Both CM and Ford have one problem , and that is the billions that are involved with future advancement to technologies costings involved to produce a brand new safer and environmentally friendly truck for the U.S markets as to the pre production costings of setting up tooling for a new vehicle, Both Ford and GM are playing the game of finding alliances to share and reduce costings of manufacture to it's vehicles, both of the Big three have the same local problems either with sedans or SUV trucks etc, it's only the truck sales that are keeping the companies going, however share holder based investors and Banks make the final ultimate discussions, between the three main players, its a desperate chase to win back profitability, either these manufactures form an alliance with an another manufacture, or the Feds will have to to bail them out! At the moment it's anybody guess, as to speculation that's rife at the moment.
Richard
 

Altered Sprinter

Happy Little Vegemite
I don't think this will happen due to GM's legacy costs. Even if it does, which I will be VERY surprised, the Sprinters will either leave the US market entirely or be distributed/serviced by Freightliner.

Seek
Just simple a twist of fate!
Chrysler focuses on revised local targets

Chrysler media release Australia.
CHRYSLER'S Australian out post is convinced reports of takeover talks "have no substance" and will stick to it's task of meeting revised targets from a recovery plan unveiled last week
The plan, which cuts thousands of US jobs,"holds no negatives for us" said Damlier-Chrysler Australian spokesman David McCarthy, while an increased focus on international growth would deliver cars better suited to local buyers.
He expected revised targets for Australia to be "in-line with our ambitions"
but said "it's going to be a challenge to achieve them"
With just 16 per cent of current sales out side of the the US, the recovery plan aims to double global volume to 400,000 by the turn of the decade with 20 new vehicles and 13 face lifted models in Australia. Chrysler plans to double sales of it's three brands to 20,000 over the next two years with a roll out of at ;least 15 new or revised products.
This year alone, that will include three new Jeeps, a second Dodge model and two versions of the mid-size Chrysler Sebring.
" We've got a tough task ahead of us in the next couple of years" __it is our ambition for the Chrysler group to be a top 10 player in terms of sales " Mr McCarthy said"
"The recovery plan will help us do that because it focus the vehicles being produced ones that will be more successful in this country, there are products coming in 2008 that will be very solid for us and will provide growth that previously may not have been coming"
He said Australia was already one of the top ten international markets for the Chrysler group, and the local operation was performing well "We make a good contribution _ To profitability We punch above our weight. and run a lean operation. "he said"
With most of Chrysler vehicles built in the US, The Australian subsidiary benefited from bilateral free trade agreements which meant imports escape tariffs.
The new models , which begin arriving next month with the new generation Jeep wrangler and the new model Compass, would be "aggressively priced" to win buyers.
In last week's recovery plan the company detailed 13000 job cuts and a 400.000 reduction in production capacity following a $US 1.5 billion ($AU1.8 billion) loss by Chrysler last year.
The plan set a goal of returning to profit next year, but rumors that Damlier Chrysler would jettison the American company centered on an admission by chairman Dieter Zetsche "that all options are on the table"
Mr Mc Carthy poured cold water on the reports.
"There is nothing coming to me officially or unofficially that any of those rumors have substance" he said, although he admitted collaboration between the two on future models was possiable.
top level talks with General Motors over the future of Chrysler are thought to have started last December, although neither company will comment on the timing of the first meeting.
This week Times, London reported that an auction process for Chrysler had already began with information packs being sent out to potential buyers.
Speculation has linked Chrysler with Renault-Nissan, Hyundai, and Shanghai Automotive Industry Corporation and Chery in China.It is expected to be worth about US$ 7Billion.

Editorial Notation: With thought to watching and to reading reports based on fact and Myth the above narration from the Australian executive is the most factual information to date, as it alinement's to the fact the Damlier Chrysler Group is not about Dumping of a $36 million investment for one million at a fire sale. rather it is looking to alliances with other manufactures to cut costings by sharing technology and to future global growth in a very un easy market.
China is a large growth market Mercedes and Chrysler can provide vehicles for this market via licensing agreements with Chinese manufactures , this allows a competitive edge with Copy right design within China.
Merging with GM to share engine and SUV'S makes, reduce costings towards alliances, lessens competition , as to discounting "thus semi controlling prices that are economically viable"
Mercedes has an agreement with BMW and the VW group to share similar programs with each others makes, it does make sense.
In Australia Chrysler Vehicles are sold via the GM network of franchisees holders, it's worked well over the last ten years as to increasing sales and no losses.
Richard
DaimlerChrysler will import Dodge vehicles to China this year - AutoWeek
Report: Chrysler and GM to team up for large SUV - AutoSpies Auto News
 
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xtraworx

Master Craftsman
Local Dealer (Mac Haik in Temple TX) told me that the Chrysler sell off is a myth which started when DC, GM, Toyota and others had meeting last December to discuss a 'common gas engine manufacturing facility in US'. Seems they all use the same or similar engines so why not build them on the same line. Someone in press picked up on this and assumed DC was selling C to others!
 
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sikwan

06 Tin Can
Man, this is going to be interesting.

This is certainly going to create an impact on the service centers for Sprinters in North America. If the sale of Chrysler goes through, I'd bet the new assembly plant...

http://www.internetautoguide.com/auto-news/25-int/27374/index.html

...which according to the article has officially kicked off production yesterday, will continue to build the Freightliner badged version. At least we'll still have Sprinters on the road.
 

Altered Sprinter

Happy Little Vegemite
I stand by post 15
The report is a mishmash of February's posts by DC
DC wants to solve it's problems that's for sure but it's no fool either, The strategy is to join forces with other manufactures to share costs and build towards a better future with the N/American sector.and it's long term strategy for engine production plants, and Blutec programs.
However the day of decisions are near, as to resolving the losses with the sedan sector! and how it's to be effectively managed? DC can't do it from Germany. And have never been good at it anyway, so the solution is to find equity partners to inject funds and a positive management team to run the U.S division, I would not rule out Blackstone from not entering the the sale but they would be only part of it, DC still needs to have manufacturing facility's and it also needs to resolve the union issue.
Freightliner truck division is in the black so that would stay , or at least remain in the shareholders portfolio, for the future.
Sprinters will remain as to there being no other vehicle being manufactured in it's class...
Speculation from the media is not helping as this puts a hick-up in place with sales, as to prospective customers waiting in line for a long term commitment.from DC or DCX.
April to May something will be said
But as the Dr said all proposal's and options are on the negotiating table, I guess we will all wait and see as to where the cards will fall.
Richard
 

rvdriverca

New member
Cerberus Capital could win bid for Chrysler over Magna
Last Updated: Sunday, May 13, 2007 | 5:06 PM ET
The Associated Press
Private equity firm Cerberus Capital Management LP may be the top contender to buy DaimlerChrysler AG's struggling Chrysler Group, according to a newspaper report.

Cerberus has been holding extensive discussions with DaimlerChrysler on a possible deal, the Detroit News said Saturday, citing people close to the sale process whom it did not name.

The newspaper said two other contenders — Ontario-based Magna International Inc. and a Blackstone Group-led consortium — have not been involved in advanced talks since submitting bids.

A decision could be made soon on a preferred buyer for Chrysler, the newspaper said.

DaimlerChrysler spokesman Han Tjan said he couldn't comment on the report.

In 2006, Chrysler lost $1.5 billion US and is undergoing a recovery plan that will cut 13,000 jobs in Canada and the United States, and pare back production.

In February, DaimlerChrysler announced that all options for Chrysler were on the table, including a sale.

Analysts have said that Magna, the Canadian auto parts supplier, is the front-runner in its bid to purchase a stake of Chrysler.

Among the others reportedly interested in Chrysler is the consortium of investors led by Blackstone. Neither Blackstone nor Cerberus has confirmed its interest. Billionaire investor Kirk Kerkorian, who tried to take control of Chrysler in the 1990s, also has said he would make a bid.

© The Canadian Press, 2007
 

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