Chrysler is not what is keeping DCX afloat. They make money from Mercedes, trucks
and avaiation. I will say that Daimler did make things much worse initially. Mostly
because they did not understand Chrysler's coprate culture and its customers. All
daimler needed to do was to help bring the new models to market and help or even
just let Chrysler management cut out the fat that had built up in the tears just prior to
the "merger", But, let me put it gently, Schrempf is an egotistical a$$hole. He had to do
things the Mercedes way. By 2001 he had screwed things up roayally. He took
something that could have been fixed in one year and made a complete mess of it.
Enter Dieter Zetsche. Schrempf, desperate for a fix installs Dieter Zetsche as head of
Chrysler. Immediately Zetsche reaches for Chryslers roots. So far he has done a
credible job considering he has to deal with Schrempf at the top. Chrysler can return to
American control. Buy DCX stock. I have been doing this. If investors as samll as us
and investors as large as Kerkorian, plus converts to an American Chrysler can get
enough shares and votes pressure can be put on Schrempf. It is not easy, but has
been done in the past.
Gary Hedlin <garyhedlin@sbcglobal.net> said:
>
> Wow tom! Glad you read the book! I thought it was the most accurate on how
> the deal went down.... Made me kinda nauseous!
>
> Chrysler WAS on a major rebound. Daimler BOUGHT them because they were a
> cash cow. You can check the profit reports before and after Daimler got
> them. They made more without them, then when Daimler got on the books the
> profits turned to ZIP!
>
> Right now the American side is keeping the boat afloat, but Daimler is the
> 400lb guy in the fishing boat! Throw the economy in as a 2hp trolling
> motor, and they're up $hit creek!
>
> Hope that made sense! :)
>
>
> --
>
> Gary Hedlin
> www.garyhedlin.com
> 2005 Dakota SLT CC 4.7 5spd
> 1998 Dakota Sport RC 3.9
>
>
>
>
>
> On 1/14/05 10:02 PM, in article 41E8947C.4040104@aol.com, "TerribleTom"
> <SilverEightynine@aol.com> wrote:
>
> >
> > Tom Byrne wrote:
> >> Chrysler was not on a major rebound. They had run out of R&D money and the
> >> didn't even have the money to bring the PT to market. Without Daimler,
> >> Chrysler was in real trouble.
> >
> > I gotta disagree with this. Granted I'm not an insider, I don't know Bob
> > Lutz or Bob Eaton. But I have read VOLUMES of info and reports and
> > publications about the situation. Ever Read "Taken For A Ride - how
> > Diamler Drove off With Chrysler"? I'm not an expert in this stuff - and
> > no I didn't read a book and overnight become an expert on Chrysler Corp.
> > There's my disclaimer ok?
> >
> > Having said that - based upon what I have read (lots) - this whole BS
> > manuever came about as a result of Chrysler looking to shoehorn in on
> > European market - with a world wide platform project. They wanted to
> > join up with an euro car maker and come up with a platform jointly - to
> > sell world wide. That idea eventually morphed into the so called
> > "Merger Of Equals" blanket that was pulled over the eyes of everyone -
> > while Daimler plotted to take over Chrysler.
> >
> > Stop and think for a moment now - what is the most recognizied brand
> > name among internal combustion powered modes of transportation? Go
> > anywhere in the world - say the word "Jeep" and people instantly know
> > what you mean.
> >
> > While I have no info to back this claim up with, I strongly believe
> > Daimler saw an oppertunity to get a brand name that is known world wide.
> >
> >> I have corresponded with Dieter Zetsche. He is actually a
> >> classic Mopar fan.
> >
> > Relay a message to him from your fellow DML'ers heheh
> >
> > "we're still pissed off"
> >
> > :-P
> >
>
>
--
This archive was generated by hypermail 2b29 : Tue Feb 01 2005 - 00:18:31 EST