Volkswagen Says Not Interested In Buying Chrysler

Volkswagen, Europe's biggest car maker, said Wednesday it was not interested in acquiring DaimlerChrysler's struggling US unit.

"There are no such considerations at the moment," a spokesman for VW said when asked whether the company wanted to acquire Chrysler or expand its partnership with the US company.

Chrysler and VW agreed last year to build the mini-van model in the Chrysler production facility and sell it bearing the VW brand.


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Terminal10 - 2/22/2007 1:21:23 PM

+1 Boost

Why should they their house needs to be put in order.

tomloy - 2/22/2007 1:59:19 PM

+2 Boost

Is every automaker on the planet going to say its not interested in buying chrysler? I expect a denial from studebaker next.

kart1 - 2/22/2007 2:50:02 PM

-3 Boost

VW should be interested, this is like the only way they are going to get market share in the US.

S4cabriofoxone - 2/22/2007 6:16:52 PM

+1 Boost

They don't really need it. As long as they're #1 in Europe, it won't be hard for them to succeed.

Agent63 - 2/22/2007 3:40:35 PM

+1 Boost

There is really no point in Volkswagen picking up Chrysler. They already own an elite list of top notch auto companies.

Now the only benefits VW would get from owning Chrysler is that VW could use some of Chryslers manufacturing plants but thats about it.

S4cabriofoxone - 2/22/2007 6:16:26 PM

0 Boost

I wouldn't be, either.

S4cabriofoxone - 2/24/2007 6:39:33 PM

0 Boost

Why, Will? Their mediocre products? Their unions? Their directionless future?