Page 1 of 3 1 2 3 >
Topic Options
#2380590 - 10/02/17 12:20 PM Rumor - Hyundai to buy Chrysler from FCA
VS29H0B Offline
pro stock

Registered: 07/22/03
Posts: 1307
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/
_________________________
Like the women I have dated --- Always looking for a better deal ....

Top
#2380606 - 10/02/17 12:49 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Guitar Jones Offline
master

Registered: 12/18/09
Posts: 8930
Loc: in a cattle trailer down by th...
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
_________________________
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!!

Top
#2380617 - 10/02/17 12:57 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Guitar Jones]
I_bleed_MOPAR Offline
master

Registered: 01/20/03
Posts: 7514
Loc: North GA
Wonder if they will extend the warranty to 100k on Dodge models also?
work



Tim

Top
#2380630 - 10/02/17 01:11 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: I_bleed_MOPAR]
Rhinodart Offline
Rhinotruck

Registered: 01/20/03
Posts: 35078
Loc: Round Lake Beach, Illinoisy
Not to worry, Little Rocket Man will obliterate the south soon... whistling
_________________________
The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.

JB Rhinehart, Realist

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!

Top
#2380633 - 10/02/17 01:14 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
19swinger70 Offline
master

Registered: 01/20/03
Posts: 3615
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.
_________________________
1970 340 swinger. sublime 1967 barracuda fastback BB project 55 Plymouth Project

Top
#2380668 - 10/02/17 02:12 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: I_bleed_MOPAR]
6bblgt Offline
I Live Here

Registered: 01/20/03
Posts: 14924
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
_________________________
- Dan

Top
#2380672 - 10/02/17 02:18 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
I_bleed_MOPAR Offline
master

Registered: 01/20/03
Posts: 7514
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

Top
#2380673 - 10/02/17 02:20 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 6bblgt]
Rhinodart Offline
Rhinotruck

Registered: 01/20/03
Posts: 35078
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
_________________________
The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.

JB Rhinehart, Realist

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!

Top
#2380690 - 10/02/17 02:51 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
65pacecar Online   happy
master

Registered: 12/23/03
Posts: 5078
Loc: KY
HHC

Hyundai Hemi Challenger.

Top
#2380757 - 10/02/17 05:21 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
topside Offline
I Live Here

Registered: 01/19/03
Posts: 11539
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.

Top
#2380766 - 10/02/17 05:29 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: 65pacecar]
Skeptic Offline
master

Registered: 01/20/03
Posts: 4172
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 .
_________________________
"Talking tough is easy when it's other people's evil and you're judging what they do or don't believe" Mike Cooley / Drive-By Truckers Razor and Tie Music (BMI)

Top
#2380772 - 10/02/17 05:39 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: topside]
Abodysforever Offline
super stock

Registered: 02/04/11
Posts: 813
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)

Top
#2380796 - 10/02/17 06:02 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
topside Offline
I Live Here

Registered: 01/19/03
Posts: 11539
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.

Top
#2380804 - 10/02/17 06:12 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
sp392 Online   content
master

Registered: 12/18/05
Posts: 8855
Loc: Etobicoke
Delorenzo's accuracy rating is so low I don't even know why people take him seriously.

Top
#2380837 - 10/02/17 07:00 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Supercuda Offline
I Live Here

Registered: 09/04/07
Posts: 12673
Loc: West Texas
The original article is so full of hyperbole (that's smug for fecal matter) that it is hard to take seriously.
_________________________
Moparts hosted sig picture

Top
#2381064 - 10/03/17 12:21 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
jaque Offline
pro stock

Registered: 01/08/13
Posts: 1380
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
_________________________
you come here with nothing and leave here with nothing!! enjoy life while on this planet, cuz when youre dead youre dead!!!

Top
#2381203 - 10/03/17 10:14 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
Supercuda Offline
I Live Here

Registered: 09/04/07
Posts: 12673
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.
_________________________
Moparts hosted sig picture

Top
#2381232 - 10/03/17 11:06 AM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Rhinodart]
Superfreak Offline
master

Registered: 11/08/08
Posts: 3473
Loc: the great white north
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.
_________________________
"Too much to do and not enough time to do it"

Top
#2381299 - 10/03/17 02:40 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: VS29H0B]
CMcAllister Offline
top fuel

Registered: 12/30/05
Posts: 1841
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.

Top
#2381393 - 10/03/17 06:18 PM Re: Rumor - Hyundai to buy Chrysler from FCA [Re: Superfreak]
VS29H0B Offline
pro stock

Registered: 07/22/03
Posts: 1307
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.
_________________________
Like the women I have dated --- Always looking for a better deal ....

Top
Page 1 of 3 1 2 3 >

Advertisement
Sponsored Link
Forum Stats
25,000 Registered Members
32 Forums
185,224 Topics
2,145,642 Posts

Most users ever online: 882 @ 03/05/17 10:15 PM
Moparts Newest Topics
Comp Cams help
by Racer68
6 minutes 34 seconds ago
WIW Rally Gauges for a Cuda
by hemirtconvert
37 minutes 10 seconds ago
Guitar ??
by theraif
40 minutes 22 seconds ago
Stu...
by Tesla_HV
54 minutes 38 seconds ago