Germans don’t care to see Chrysler go

What Germans once called a match made in heaven, they simply now regret the deal made nine years ago and don’t care to see Chrysler detach from Daimler. Since the CEO of DaimlerChrysler announced that “all options are under consideration” for Chrysler, Germans have looked back at the $36 billion deal regrettably saying that the merger of the two companies weakened them both.

“Mass and High Class don’t Mix” said Stuttgarter Zeitung, DaimlerChrysler’s hometown newspaper. The latest report on Chrysler’s future was that DaimlerChrysler AG is considering selling the Chrysler Group in return for a stake in GM. While DaimlerChrysler AG is still looking into possibility of a cash sale to private equity firms including Apollo Management LP, Blackstone Group, Cerberus Capital Management LP and Carlyle Group, the Chrysler group owner is also weighing the possibility of trading Chrysler for the GM stake.
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S4cabriofoxone - 3/5/2007 8:59:23 AM

+1 Boost

I wouldn't, either.

Agent63 - 3/5/2007 10:15:36 AM

+2 Boost

I'd love to see the Chrysler Group detatch itself from Daimler but I wouldn't like the company to close down either. I just think that without Chrysler, MB will be better off. I love the SRT8's both the Charger and the luxury 300C (which is based off the e-class) but leaving the Daimler group is beneficial to Chrysler as well, especially when one company is wanting to up it's quality ratings and one that desperately needs revamping. Money can only go so far when there are two companies that need some money to up some quality issues. In this case it's Mercedes that would want the funding because it is a high end brand whereas the Chrysler Group is more for the mass.