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#2380590 - 10/02/17 12:20 PM Rumor - Hyundai to buy Chrysler from FCA
VS29H0B Offline
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Registered: 07/22/03
Posts: 1301
Loc: USA

" ....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 Offline
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Registered: 12/18/09
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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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Registered: 01/20/03
Posts: 7481
Loc: North GA
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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Registered: 01/20/03
Posts: 34824
Loc: Round Lake Beach, Illinoisy
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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Registered: 01/20/03
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Loc: Richmond, Indiana
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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Registered: 01/20/03
Posts: 14794
Loc: Las Vegas, NV
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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Registered: 01/20/03
Posts: 7481
Loc: North GA
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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Registered: 01/20/03
Posts: 34824
Loc: Round Lake Beach, Illinoisy
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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#2380690 - 10/02/17 02:51 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
65pacecar Offline
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Registered: 12/23/03
Posts: 4978
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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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Registered: 01/19/03
Posts: 11449
Loc: So Near, Yet So Far
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]
Skeptic Offline
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Registered: 01/20/03
Posts: 4158
Loc: The Pale Blue Dot
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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Registered: 02/04/11
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Loc: Jackson, Wisconsin
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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Registered: 01/19/03
Posts: 11449
Loc: So Near, Yet So Far
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]
Malicious� Online   content
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Registered: 12/18/05
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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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Registered: 09/04/07
Posts: 12413
Loc: West Texas
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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Registered: 01/08/13
Posts: 1377
Loc: chicago,il
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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Registered: 09/04/07
Posts: 12413
Loc: West Texas
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
Posts: 1753
Loc: Fulton County, PA
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
Posts: 1301
Loc: USA
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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