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Chrysler bought by Cerberus for $7.4B

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Old 05-17-2007 | 05:04 PM
radmanly's Avatar
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Joined: Feb 2007
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From: Plymouth, MN
Default Re: Chrysler bought by Cerberus for $7.4B

The bad news is already rolling in. Chrysler is going to bring back the Pentastar logo. Check it out. I'm so glad that icon of mediocrity isn't prominently displayed on my Crossfire. That logo says "K car" to me. They might as well just stamp "crap" on the hood.
 
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Old 05-20-2007 | 03:15 PM
bigpapapuff's Avatar
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Joined: Apr 2007
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From: Columbia Gorge, Washington
Default Re: Chrysler bought by Cerberus for $7.4B

From what I am reading, Mercedes will still maintain 20% ownership in Chrysler. Also the deal with Chrysler being sold should not be finalized until October of this year. The biggest thing we all should see is with the UAW. I'm reading that the new majority share holder is expected to file bankruptcy after the deal is finalized which will drastically cut the cost of labor when it comes to building the Chrysler line up of vehicles. Not my opinion, just what I'm reading in the news.
Our Crossfires will be safe.
 
  #23 (permalink)  
Old 05-20-2007 | 10:48 PM
Fenwick223's Avatar
Joined: Feb 2007
Posts: 250
Likes: 1
From: Maryland
Default Re: Chrysler bought by Cerberus for $7.4B

Here's a little tidbit - in the past year, the company that bought Chrysler has also purchased Remington Arms and Bushmaster Firearms. This information and $3 will get you a cup of coffee at Starbucks.
 
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