Hyundai in talks with Chrysler...

[tidus1203]

to buy out a part or the whole company. The US car makers are struggling and yes IMO this is the solution. Let the US carmakers go bankrupt and stop wasting taxpayer money in the process. Let the competents (Hyundai in this case) takeover the assets of the incompetents (Chrysler) and start from over with a better foundation. Hyundai is looking at the Jeep brand.

http://www.reuters.com/article/marke...0081107?rpc=44

[Gerbo]

Chrysler would have to separate its car brands and divisions to sell.....its end of the road for the car maker...

Daimler-Benz severe its association and merger just in the recent past. Reason? "you are not buying a car manufacturer but a healthcare and retirement financial liability".

[Monseratto]

All the more reason to wait for it to go bankrupt and buy the "Jeep" name on the cheap...

[uls]

Spoiled kasi mga American autoworkers

a large portion of the manufacturers' cost goes to employee healthcare and retirees pensions.

That makes them uncompetitive with foreign car manufacturers who do not have the same financial burden.

[tidus1203]

That is why they should be allowed to go bankrupt and all those overpaid management and union-laborers should also be laid off and start over again this time by new management. The current business model of the BIG 3 is just flawed and throwing money in it is just a waste they have to be much more leaner company that can control its costs.

[meledson]

Currently, lahat ng car manufacturer lalo na sa US ay ramdam na ramdam ang slump.

[uls]

The US car makers have been trying to convince Washington to bail them out.

In an interview with CNBC, GM CEO Rick Wagoner said "Letting GM go is a terrible idea. Look at the effect of Lehman Brothers."

hahaha

is that a threat?

Bail us out OR ELSE

[tidus1203]

More like saving his own skin. I envision a Toyota owned GM might be a better GM than a GM runned by the same people.

[niky]

Toyota ain't doing so hot in America, either. While they'll still end the year in the black, their American operation is going into the red, with sales down by 1/3rd already. Toyota, in fact, is very exposed in the US, with a big investment in US factories and trucks.

Yeah, I'd wait for the company to bankrupt itself before going in. That way you can carve out new labor agreements and completely revamp the management structure.

Hyundai would be interested in Chrysler, because there's some commonality in the parts and engine development they shared with Mitsubishi and Chrysler a while back... we'll see. It's better than GM taking over Chrysler... GM is already overburdened with sub-brands, excess capacity and a lack of competitive products.

[Horsepower]

This would be a bad move for Hyundai. American brands are known to have crappy quality worldwide. It would take them a lot to revamp that.

plus of course, the laws in US protecting its workers.