In a message dated 99-01-02 14:26:26 EST, you write:
<< The first is that it is actually a takeover, and not a merger. Daimler
is pulling the strings; they bought Chrysler. Another thing is that Chrysler
was actually much bigger than Daimler! (As far as automobiles go.) If I
remember right, DB was 15th and Chrysler was 5th. DB sold cars in
something like
55 countries, and Chrysler had something like 160 countries. According to
the web
site, it was D-B who needed Chrysler, and not the other way around. The
Chrysler
execs stood to make a lot of money from the merger, so who knows where
their loyalty was? Schremp was quoted as saying that Chrysler cars wouldn't
be sold in Mercedes-Benz dealerships, and the MB quality control wouldn't
be applied to Chrysler vehicles, so that doesn't help out Chrysler
either... Then there was the misleading stockholder report where all DB
numbers
were reported in billions of DM and all CC numbers were reported in millions
of
US dollars. (which made DB seem like this huge corporation when it is
actually Chrysler who is the bigger (and better and more efficient) auto
manufacturer).
>>
Finally!! THANK YOU!! It was a total scam. Eaton is taking the money and
running! The top 25 execs at Chrysler made an average of 6 MILLION apiece
from the deal and their stock options!! Sound like a deal? Umm yeah.
There's some info on the site to the effect
that the Viper was supposed to be completely redesigned this year to a
mid-engined vehicle that would compete on the level of Ferarri and
Lamborghini.
hehehehe =0)
Another thing Jon, you know how they said that 99% of both CC and DB stock
holders approved the deal? Everyone minus maybe 2% of the people at the tech
center that owns stock, including myself, voted NO! 99%? I'm not to sure
about that!
Eric
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