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#2380590 - 10/02/17 12:20 PM Rumor - Hyundai to buy Chrysler from FCA
VS29H0B Offline
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" ....o now what? Well, it has come down to this: As you read this Sergio’s payday is being furiously negotiated. And the buyer? None other than the Hyundai Motor Group. For Sergio the Great, it couldn’t be a more perfect fit, but let me be blunt here, for Marchionne anyone who has the dough-re-me would constitute the “perfect fit.”

Hyundai has the major league cash it will take to buy out FCA. They will gladly take Jeep, Ram trucks and the minivan (and plant), and discard the rest. And what about those convicted hacks in Washington who will stomp their feet in protest at the very idea that an iconic American brand like Jeep might be sold to the Koreans? This just in: It matters not one iota. FCA is a foreign-owned company and there’s not a damn thing any one of those politicians can do about it, even though many jobs will be lost and many lives in this area will be disrupted.

There is some solace in that Marchionne’s notion of “merging” with an automaker was nothing more than the sugarplum dreams of an unrepentant egomaniac. There was never going to be a merger with anyone, because much to Sergio’s considerable chagrin, he was never going to have the upper hand.

Marchionne has been in a race against time to make some sort of deal before he leaves FCA sometime in 2019, so he can retire among his cronies back in Italy and remind them that he is and will always be “The G.O.A.T.” And that they should never, ever forget it (as they slurp their espressos in sleepy cafes awash in never-ending Italian sunsets and never-ending piles of cash).

But at the bitter end Marchionne was nothing more than a calculated charlatan with a Brobdingnagian ego, and the only thing “great” about him is that he will go down as one of the greatest carpetbagging mercenaries in automotive history...."









http://www.autoextremist.com/
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#2380606 - 10/02/17 12:49 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Guitar Jones Online   laugh2
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Well, all I can say is GREAT!! Hyundai's MOBIS already makes the front end modules for the Jeep in Ohio. Trump also claimed that a foreign automaker is going to announce five new plants in the states but he didn't say who. There are already other Hyundai sourced components in FCA vehicles now like transaxles.

Hyundai is doing some nice stuff right now like the twin turbo 3.3L V6 in the Genesis. They also had a RWD 1000+ horsepower Santa Fe concept at SEMA last year.

1040 HP Santa Fe
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#2380617 - 10/02/17 12:57 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Guitar Jones]
I_bleed_MOPAR Offline
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Wonder if they will extend the warranty to 100k on Dodge models also?
work



Tim

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#2380630 - 10/02/17 01:11 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: I_bleed_MOPAR]
Rhinodart Offline
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Not to worry, Little Rocket Man will obliterate the south soon... whistling
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#2380633 - 10/02/17 01:14 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
19swinger70 Offline
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I'm going with a big Who Cares! I think over the next 20 years there will be a lot of consolidation in the automotive industry. It's not 1968 anymore in Detroit.
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#2380668 - 10/02/17 02:12 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: I_bleed_MOPAR]
6bblgt Offline
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Originally Posted By I_bleed_MOPAR
Wonder if they will extend the warranty to 100k on Dodge models also?
work



Tim


read it again - DODGE & probably Chrysler goes bye-bye popcorn
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#2380672 - 10/02/17 02:18 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
I_bleed_MOPAR Offline
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Originally Posted By VS29H0B

" .... Ram trucks and the minivan (and plant), and discard the rest.
...."



Ram is still a Dodge in my book as well as the Caravan. up
Of course, I guess they could rename them the Hyundai Ram and Hyundai Grand Caravan. puke



Tim

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#2380673 - 10/02/17 02:20 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 6bblgt]
Rhinodart Offline
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Maybe Moparts should pool our money and buy Chrysler and Dodge, I am sure we could come up with some pretty "interesting" designs... runaway
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2018 Carlisle All-Chrysler Nationals July 13-14
Hurst Nationals held in conjunction includes
1968 Dodge Dart and Barracuda Hemi Super Stock Reunion!
Expo Center across from the main gate, register online!

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#2380690 - 10/02/17 02:51 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
65pacecar Offline
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HHC

Hyundai Hemi Challenger.

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#2380757 - 10/02/17 05:21 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
topside Offline
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I've wondered, "why the Demon Challenger"?
Maybe the answer is: some guys inside FCA saw this coming, and decided to go out with a bang.
Can't imagine why Hyundai would want Dodges & Chryslers in their portfolio when there are Hyundai & Kia models that now compete in those size markets, but I'll gladly be proven wrong if it saves American jobs. Obviously the plums are Jeep & Ram, and to some extent, economy of scale for manufacturing parts & sub-assemblies.
Next big question will be the futures of the FCA dealerships.

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#2380766 - 10/02/17 05:29 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 65pacecar]
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I'll believe it when I see it, blah looks like one guys rant and a bunch of "me too" websites quoting said rant. Chrysler has been passed around like a keg at a Frat party. Unless you have FCA shares, shruggy .
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#2380772 - 10/02/17 05:39 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: topside]
Abodysforever Offline
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I totally agree and have thought of this myself. Probably thought "well we are going to be sold, what have we got to loose so why not build the Demon?"

Future of dealerships? who knows. I have been Saying for years that this is why Sergio separated Ram into its own brands, so it can be sold separate from dodge. People called me silly. Sergio cant be trusted at all!!!

I would love to see them keep it as a whole, keep Chrysler and rebrand Genesis Chrysler. Long shot though.


Edited by Abodysforever (10/02/17 05:42 PM)

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#2380796 - 10/02/17 06:02 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
topside Offline
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Well, the Demon is a good ad for Chrysler's engineering expertise.
And if Hyundai's serious about having separate dealerships for the Genesis line, they get another dealership network, though one that needs upgrading for the luxury market.
Obviously separating Ram & Jeep provides 2 carrots to dangle in front of prospective buyers; heck, Chrysler bought AMC to get Jeep, and that's likely why FCA bought Chrysler.

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#2380804 - 10/02/17 06:12 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
sp392 Offline
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Delorenzo's accuracy rating is so low I don't even know why people take him seriously.

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#2380837 - 10/02/17 07:00 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Supercuda Offline
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The original article is so full of hyperbole (that's smug for fecal matter) that it is hard to take seriously.
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#2381064 - 10/03/17 12:21 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
jaque Offline
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love what fca is doing great turnaround.. Ferrari spin was such a success.. up next is components maker magneti marelli will follow suit and be spun off. next in plan is to do same with alfa Romeo and Maserati.. they are NOT working on any deals china and South Korea, speculation.. this company is moving in a nice direction.. stock is on a tear!!! up
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#2381203 - 10/03/17 10:14 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Supercuda Offline
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Ah the vision of the shortsighted.

Spin everything off as profitably as possible and shut down what's left.

Kinda like second generation wealthy, not clue how it was made but screw the third generation.
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#2381232 - 10/03/17 11:06 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Rhinodart]
Superfreak Offline
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Originally Posted By Rhinodart
Maybe Moparts should pool our money and buy Chrysler and Dodge, I am sure we could come up with some pretty "interesting" designs... runaway


You would need more than $50 though.
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#2381299 - 10/03/17 02:40 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
CMcAllister Offline
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Registered: 12/30/05
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You see that Dart, Duster or Road Runner sitting in your garage? It's an orphan. CPD has been dead for years.

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#2381393 - 10/03/17 06:18 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Superfreak]
VS29H0B Offline
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Registered: 07/22/03
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Originally Posted By Superfreak
Originally Posted By Rhinodart
Maybe Moparts should pool our money and buy Chrysler and Dodge, I am sure we could come up with some pretty "interesting" designs... runaway


You would need more than $50 though.


Yes, FCA has about $40 billion in bonded debt remaining from the Sergio spinoffs of FCA products. Hyundai has the $$$ and really only wants the iconic Jeep brand and pickup trucks (RAM). Unfortunately all the rest is disposable.

All this being said, the deal would be complicated by existing factories, unions, supplier contracts to name only a few things.

BTW DeLorenzo has been spot on in his recital of Chrysler history, and the sad pillage of Chrysler assets by Daimler, Cerberus and Fiat.
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#2381479 - 10/03/17 08:47 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: sp392]
azmopar Offline


Registered: 01/20/03
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Originally Posted By Malicious�
Delorenzo's accuracy rating is so low I don't even know why people take him seriously.

was talking to a friend in the industry

" Pure tripe" is what I was being told
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#2381502 - 10/03/17 09:34 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Dcuda69 Offline
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Originally Posted By VS29H0B
Originally Posted By Superfreak
Originally Posted By Rhinodart
Maybe Moparts should pool our money and buy Chrysler and Dodge, I am sure we could come up with some pretty "interesting" designs... runaway


You would need more than $50 though.


Yes, FCA has about $40 billion in bonded debt remaining from the Sergio spinoffs of FCA products. Hyundai has the $$$ and really only wants the iconic Jeep brand and pickup trucks (RAM). Unfortunately all the rest is disposable.


This makes a lot of sense to me. Ram and Jeep are the only pieces left that are worth while. Look at their websites...Dodge has the Challenger/Charger/Viper. While all those are cool cars, they are not what most want to buy(myself included)Not everyone can use a V8 RWD car practically and toy cars are a niche market with relatively low sales numbers.That leaves the Journey/Dart/Caravan and Durango. All face a LOT of competition in their respective classes.

Chrysler has the 300 and the Pacifica(why would you rename a good minivan with the name of a complete POS??)The 300 is cool but again, not everyone wants a Hemi powered RWD/AWD sedan.

Sorry to say there's already not much left of Chrysler/Dodge and someone will likely buy it up, dispose of most of it and rename the rest. RIP

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#2381516 - 10/03/17 09:58 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Rhinodart]
DirectSubjection Offline
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Registered: 01/19/03
Posts: 68454
Loc: Middlesex County, New Jersey
Originally Posted By Rhinodart
Maybe Moparts should pool our money and buy Chrysler and Dodge, I am sure we could come up with some pretty "interesting" designs... runaway



Rumor - Rhinodart to buy Chrysler from FCA work
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#2381637 - 10/04/17 07:16 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
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If FCA does sell, the first/best thing that Hyundai could do would be to destroy every remnant of the dealership network and start over with all new faces and an all new attitude towards the customer.
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#2381638 - 10/04/17 07:21 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
sp392 Offline
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How is Dodge "irrelevant" when Kia/Hyundai just spent billions on that RWD Kia Stinger which is nothing more than a wannabe Dodge Charger?

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#2381643 - 10/04/17 07:42 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: sp392]
Guitar Jones Online   laugh2
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Originally Posted By Malicious�
How is Dodge "irrelevant" when Kia/Hyundai just spent billions on that RWD Kia Stinger which is nothing more than a wannabe Dodge Charger?


It looks like a slightly smaller version of the G80. Hyundai hired some Audi engineers for the Genesis line.

As a side note, I am seriously considering a G80 Sport with the twin turbo V6. Although that 5.0L V8 runs really, really good.
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#2381644 - 10/04/17 08:01 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Guitar Jones]
sp392 Offline
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Originally Posted By Guitar Jones
Originally Posted By Malicious�
How is Dodge "irrelevant" when Kia/Hyundai just spent billions on that RWD Kia Stinger which is nothing more than a wannabe Dodge Charger?


It looks like a slightly smaller version of the G80. Hyundai hired some Audi engineers for the Genesis line.

As a side note, I am seriously considering a G80 Sport with the twin turbo V6. Although that 5.0L V8 runs really, really good.


IIRC Hyundai/Kia flat out poached Audis head designer years ago.

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#2381680 - 10/04/17 09:33 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Supercuda Offline
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Registered: 09/04/07
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Originally Posted By VS29H0B


All this being said, the deal would be complicated by existing factories, unions, supplier contracts to name only a few things.



Nothing says any potential buyer has to buy all of FCA.

It can buy Jeep/Ram and leave the rest to FCA to wither on the vine, like the old Chrysler or the old GM after the rape called a bankruptcy.

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#2381687 - 10/04/17 09:43 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: sp392]
Guitar Jones Online   laugh2
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Originally Posted By Malicious�
Originally Posted By Guitar Jones
Originally Posted By Malicious�
How is Dodge "irrelevant" when Kia/Hyundai just spent billions on that RWD Kia Stinger which is nothing more than a wannabe Dodge Charger?


It looks like a slightly smaller version of the G80. Hyundai hired some Audi engineers for the Genesis line.

As a side note, I am seriously considering a G80 Sport with the twin turbo V6. Although that 5.0L V8 runs really, really good.


IIRC Hyundai/Kia flat out poached Audis head designer years ago.


That is correct and he brought some other engineers with him.
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#2381850 - 10/04/17 02:30 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
cudaman1969 Offline
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If they buy it, the first thing is to hire about 10 young hackers to make the electronics last longer then 6 months. Next, get the Honda and Toyota engine, find out how to get 40 mpg, then use their engineers to make the CAR last more than 150,000 miles without rusting out and falling apart. Just doesn't seem to work over here with the people we have.

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#2382019 - 10/04/17 05:16 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
360view Online   content
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Registered: 01/18/06
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The Agnelli heirs want to "cash out" before the automotive sales turn down in the next recession, which will happen at some point.

They have ordered Sergio to do a deal with whoever, sooner rather than later.

Sergio will probably get a bigger bonus if it goes through sooner. If the sale is not complete before a recession it probably will not happen at all. Buy low, sell near peak.

The Agnelli heirs are ok with keeping Fiat,
perhaps because they are confident that the Italian gov/EU will always bail it out as "too big to fail" in stagnant Italy's jobs situation.

Korean companies also seem to have "too big to fail" gov support.

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#2382340 - 10/05/17 09:25 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: cudaman1969]
DaytonaTurbo Offline


Registered: 02/26/03
Posts: 20361
Loc: Manitoba, Canada
Originally Posted By cudaman1969
If they buy it, the first thing is to hire about 10 young hackers to make the electronics last longer then 6 months. Next, get the Honda and Toyota engine, find out how to get 40 mpg, then use their engineers to make the CAR last more than 150,000 miles without rusting out and falling apart. Just doesn't seem to work over here with the people we have.


Nevermind that, they need to at least hire someone to figure out how to keep the front ends from falling from under them at 90k!

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#2382362 - 10/05/17 10:37 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: DaytonaTurbo]
sp392 Offline
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Registered: 12/18/05
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Originally Posted By DaytonaTurbo
Originally Posted By cudaman1969
If they buy it, the first thing is to hire about 10 young hackers to make the electronics last longer then 6 months. Next, get the Honda and Toyota engine, find out how to get 40 mpg, then use their engineers to make the CAR last more than 150,000 miles without rusting out and falling apart. Just doesn't seem to work over here with the people we have.


Nevermind that, they need to at least hire someone to figure out how to keep the front ends from falling from under them at 90k!


Do they still do that? I know the trucks and LX's were bad for that during the Daimler era due to crappy front end parts, but I thought the trucks were fixed in 09 and the LX's were fixed in 2011 under new ownership.

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#2382892 - 10/06/17 09:24 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: sp392]
6PKRTSE Offline
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Registered: 01/29/04
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Trump needs to step in & say GM, Ford & Chrysler stay. The rest of you foreign junk cars can go back to your own countries. None of these foreign cars will ever be in my Family or in my driveway anyway.
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#2382894 - 10/06/17 09:35 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 6PKRTSE]
ChryCoGuy Offline
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Originally Posted By 6PKRTSE
Trump needs to step in & say GM, Ford & Chrysler stay. The rest of you foreign junk cars can go back to your own countries. None of these foreign cars will ever be in my Family or in my driveway anyway.


If that happens then he needs to mandate that they get rid of today's cell phones on wheels and produce exact copies of their entire 1968 - 1971 lineup again. Then, I'll buy a new car. laugh2

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#2382896 - 10/06/17 09:40 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
polaraholic Online   content
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I'm retired Chrysler so all I hope is they keep paying me not to work.

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#2382928 - 10/06/17 10:59 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 6PKRTSE]
sp392 Offline
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Registered: 12/18/05
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Originally Posted By 6PKRTSE
Trump needs to step in & say GM, Ford & Chrysler stay. The rest of you foreign junk cars can go back to your own countries. None of these foreign cars will ever be in my Family or in my driveway anyway.


Jeep, Ram, Dodge and Chrysler could totally make it on their own and they should be. Imagine the vehicles they would have and the quality if they weren't always bailing out other car companies and having their bank account drained.

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#2382952 - 10/06/17 11:50 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: cudaman1969]
TX9AAR Offline
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Posts: 131
Loc: Iowa
Originally Posted By cudaman1969
If they buy it, the first thing is to hire about 10 young hackers to make the electronics last longer then 6 months. Next, get the Honda and Toyota engine, find out how to get 40 mpg, then use their engineers to make the CAR last more than 150,000 miles without rusting out and falling apart. Just doesn't seem to work over here with the people we have.


This says it all. In 2011 I was looking for a new car and Chrysler/Dodge didn't have anything that would compare to what I bought a new Fusion. I had never owned anything other then a Chrysler product until that time. If they were building Quality vehicles that didn't fall apart this would be a totally different story

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#2382965 - 10/06/17 12:14 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: TX9AAR]
Dcuda69 Offline
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Registered: 10/17/05
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Originally Posted By TX9AAR
Originally Posted By cudaman1969
If they buy it, the first thing is to hire about 10 young hackers to make the electronics last longer then 6 months. Next, get the Honda and Toyota engine, find out how to get 40 mpg, then use their engineers to make the CAR last more than 150,000 miles without rusting out and falling apart. Just doesn't seem to work over here with the people we have.


This says it all. In 2011 I was looking for a new car and Chrysler/Dodge didn't have anything that would compare to what I bought a new Fusion. I had never owned anything other then a Chrysler product until that time. If they were building Quality vehicles that didn't fall apart this would be a totally different story


We did the same thing...in '14 we drove a 200....we bought a Fusion as well. It had much better interior feel for sure. 30k later we still really like it and zero issues.

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#2383043 - 10/06/17 02:57 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Dcuda69]
Rhinodart Offline
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The wifegod's 2015 200 has been pretty much flawless except for a couple of trans reflashes that were done during oil changes. We have 45K miles on it now. I haven't driven it much so no real issues with the trans... whistling
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The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.

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2018 Carlisle All-Chrysler Nationals July 13-14
Hurst Nationals held in conjunction includes
1968 Dodge Dart and Barracuda Hemi Super Stock Reunion!
Expo Center across from the main gate, register online!

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#2383550 - 10/07/17 06:00 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Sinitro Offline
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Today Hyundai has about 800 dealerships, Chrysler/Ram has about 2500 or 3X as many...
Hyundai is under distributed and they require more dealerships to increase their market share. To support this Hyundai is planning (2) new assembly USA plants as well. And most importantly by procuring Ram Hyundai can now compete in the ever growing, more profitable market segment of pickup trucks..

Just my $0.02.. wink

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#2384246 - 10/08/17 11:45 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Sinitro]
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Registered: 12/18/09
Posts: 8932
Loc: in a cattle trailer down by th...
Hyundai was going to build a pickup here. That was their original intent for the plant they built in Georgia. Later they decided it would affect their CAFE standards too much so they turned it into a Kia plant.

Hyundai is pretty conservative and I've noted they seem to change their mind a lot. I'm not sure how buying FCA will fit into their current plans, they probably don't either and I suspect it won't happen.
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W5 408 cid, 1.324, 6.155 @ 110.34, 9.756 @ 134.67 with a broken converter hub. Oh yeah, it's all Mopar too, 904 trans and an 8.75 rear!!

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#2384289 - 10/09/17 05:14 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
2boltmain Offline
master

Registered: 07/26/03
Posts: 3423
Loc: MI Allegan county
I have heard/read Hyundai and KIA dealerships are more cooperative with customers problems during warranty getting fixed. Is this true?

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#2384291 - 10/09/17 06:30 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 2boltmain]
Guitar Jones Online   laugh2
master

Registered: 12/18/09
Posts: 8932
Loc: in a cattle trailer down by th...
Originally Posted By 2boltmain
I have heard/read Hyundai and KIA dealerships are more cooperative with customers problems during warranty getting fixed. Is this true?


I would say yes they are. Well, as long as you have done the required maintenance. They will generally decline anything that fails due to lack of maintenance.
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W5 408 cid, 1.324, 6.155 @ 110.34, 9.756 @ 134.67 with a broken converter hub. Oh yeah, it's all Mopar too, 904 trans and an 8.75 rear!!

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#2384371 - 10/09/17 10:19 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
sp392 Offline
master

Registered: 12/18/05
Posts: 8856
Loc: Etobicoke
FCA CEO: There’s ‘No Big Deal’ To Merge Or Sell Automaker To Hyundai


http://fcauthority.com/2017/10/fca-ceo-theres-no-big-deal-to-merge-or-sell-automaker-to-hyundai/

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#2384618 - 10/09/17 04:42 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: sp392]
Guitar Jones Online   laugh2
master

Registered: 12/18/09
Posts: 8932
Loc: in a cattle trailer down by th...
Not that I would trust him to tell the truth but I still don't think it would happen.
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W5 408 cid, 1.324, 6.155 @ 110.34, 9.756 @ 134.67 with a broken converter hub. Oh yeah, it's all Mopar too, 904 trans and an 8.75 rear!!

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#2385018 - 10/10/17 10:16 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
VS29H0B Offline
pro stock

Registered: 07/22/03
Posts: 1307
Loc: USA
The art of parsing words and redefining what is meant in a public press release is something that FCA has used in the past.

Saying that you will not sell the company does not mean that FCA will not bundle Jeep, RAM trucks and the minivan plant in a sale to Hyundai.

If that happens, the rest of what would be left of the Chrysler part of FCA is at risk in terms of a future in the car business.

From the beginning it's all been about lining the pockets of the Agnellis and Sergio, and with retirement looming, this whole spin-off / bundling exercise is something that Sergio has done in the past.

I hope Dodge survives and thrives whatever happens in the Hyundai / Chinese negotiations. But I for one am NOT optimistic given the past.
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Like the women I have dated --- Always looking for a better deal ....

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#2386903 - 10/13/17 01:35 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
ChryCoGuy Offline
master

Registered: 10/04/05
Posts: 5301
Loc: Canada
Y'know, the biggest problem I have with rumours like this floating around is that it could be a self-fulfilling prophecy if the public gets it in their collective mind that Chrysler could cease to exist in such a sale/merge/takeover/whatever.

As soon as somebody gets the idea that the new car they want to buy might not be supported by warranty/parts in the near future, they will shop elsewhere. twocents

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#2388511 - 10/16/17 10:59 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Supercuda]
340challconvert Offline
member

Registered: 05/16/13
Posts: 91
Loc: Parsippany, New Jersey
Originally Posted By Supercuda
Ah the vision of the shortsighted.

Spin everything off as profitably as possible and shut down what's left.

Kinda like second generation wealthy, not clue how it was made but screw the third generation.


I'm with you on this!
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1970 A-66 340 Challenger convertible

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#2388894 - 10/17/17 04:52 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 340challconvert]
dogdays Offline
I Live Here

Registered: 01/20/03
Posts: 15859
My family has owned three Hyundais, all three are/were anvils. You can beat on them. 2@ 140K, 1@ 120K with all suspension pieces still original. I've had to change one halfshaft. That's all.

I do have some interior problems, the power window switches are getting a little tricky and if I don't exit the car in the correct sequence it'll leave the parking lights on and kill the battery. Both sunvisors fell off. I've done pretty well on parts and there are at least four sources of parts from Korea. You do get to wait for a month, though.

It appears that Hyundai has 10 times the cash it'd take to buy FCA lock, stock and barrel.

https://www.forbes.com/sites/frankahrens...t/#a923dca2d297

R.

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