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MiscellaneousRumor: Renault Interested in Chrysler?
Posted by mike on 2008/10/6 11:11:35 (1932) reads

Who could possibly imagine that the French might want to purchase something as American as apple pie and hot dogs?

Automobile.com is reporting that there were rumors circulating at the Paris autoshow that French car-maker Renault might be interested in taking Chrsyler off Cerebus' hands.

Why would anyone want to buy an automaker that's hemorrhaging in sales to the point that a about third fewer cars are leaving Chrysler, Dodge and Jeep showrooms this year than last? Well, probably nobody, especially someone as savvy as Renault-Nissan CEO Carlos Ghosn, but then again, rumors don't just simply pop up because there's nothing to substantiate them, do they?

The rumors appear to stem from Renault's desire to re-enter the American car market and they fact that they'd need somewhere to sell their cars.

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Poster Thread
myhotwheels22981
Posted: 2008/10/11 14:28  Updated: 2008/10/11 14:28
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Posts: 247
 Re: Rumor: Renault Interested in Chrysler?
I just read in the news that GM and Chrysler are talking mergers and aquisitions...

Under the plan, GM would acquire Chrysler (Including JEEP!), and Cerebus would acquire GMAC, which it already ownshalf of.

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chuknchez
Posted: 2008/10/11 10:15  Updated: 2008/10/11 10:15
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 Re: Rumor: Renault Interested in Chrysler?
The fatal error that Renault made when it acquired AMC was that it marketed its cars as Renaults and not AMC's. American drivers would have embraced those cars more if the were marketed as "American" cars. I believe that the Alliance was Car of the Year for 1984, and that AMC was profitable just before Chrysler bought it in '87.

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myhotwheels22981
Posted: 2008/10/9 9:59  Updated: 2008/10/9 9:59
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 Re: Rumor: Renault Interested in Chrysler?
Renault did run AMC into the ground, but Mercedes also ran Chrysler into the ground.

Remember, Mercedes took over Chrysler for basically their cash reserve, and their intellectual property, namely their 2.2 and 2.4 L engines, which evolved into the "World Engine".

Jeep, of course is the only shining star of the Chrysler line, and in my opinion could run as a stand-alone company, but nonetheless, Jeep will survive no matter who it is owned by.

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Josephus
Posted: 2008/10/9 0:19  Updated: 2008/10/9 0:19
Home away from home
Joined: 2005/7/18
From: Pennsylvania
Posts: 265
 Re: Rumor: Renault Interested in Chrysler?
I pretty much hate Renault cars, nothing but trouble for my family.
I was watching a show on the DVR called "Man and Jeep" this evening, it's a good show regarding the origins and history of the Jeep. It shows that pretty much every company that ever owned Jeep has died or left the auto industry. While you think about that nugget...
Bring on Renault!

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lewt2007
Posted: 2008/10/8 17:04  Updated: 2008/10/8 17:04
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Joined: 2008/2/23
From: Ohio
Posts: 3
 Re: Rumor: Renault Interested in Chrysler?
is it just me but didn't Renault run American Motors into the ground and cause jeep to get bought by Chrysler in the first place. hence i think that it would be a swan song for Chrysler

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kevinsullivan30018
Posted: 2008/10/7 10:14  Updated: 2008/10/7 10:14
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 Re: Rumor: Renault Interested in Chrysler?
I had a "crappy little" Renault Encore that lived for 16 years and 140,000+ miles. The paint was pretty much gone and all 4 corners were customized by my wife before I literally drove it to the junk yard. Engine was strong - had a brake system problem that wasn't worth fixing at that point. I wish I still had it.

Surrender monkey feelings aside, bring on le Francais!

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myhotwheels22981
Posted: 2008/10/7 9:55  Updated: 2008/10/7 9:55
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 Re: Rumor: Renault Interested in Chrysler?
While Jeep could function as a stand alone corporation, A Renault purchase of Chrysler would make sense, with or without Jeep.

The upcoming partnerships of Fullsize and Midsize pickup trucks, as well as platform sharing for soon-to-be cars such as the proposed Hornet small car, as well as the potential for sharing of competing platforms such as the Armada/Durango/Aspen, and the entire minivan market (GM is out of the minivan market in favor of Crossover SUV's), spells a Dream Wedding, in spite of the bride and grooms rocky past and previous marriage.

It has to be considred that Renault is not the same company that it was 20 or so years ago when it was AMC/Renault, and Nissan's eastern production has access to the Synergy Hybrid Drive system, and Chrysler has ongoing partnerships with Mercedes (BOO!!!), and VW.

Look at the Potential...

Ram/Titan
Armada/Durango
Dodge Hornet
Le' Car SRT
Hemi Patrol

Seriously...Renault makes a top notch small car that has been proposed to be morphed into the Hornet, the Ram, Titan, Armada, and Durango are competing markets, and almost virtual clones, and where Jeep is tops in offroad in the U.S, the Patrol is the Eastern Pacific counterpart in off road capability.

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xjken99
Posted: 2008/10/6 20:24  Updated: 2008/10/6 20:24
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Posts: 58
 Re: Rumor: Renault Interested in Chrysler?
I know they played a part in the developement of the XJ but, to this day I think they killed AMC with their crappy little French cars. I would rather see Chrysler go belly up than to see Renault get a hold of them.

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trevorj
Posted: 2008/10/6 13:42  Updated: 2008/10/6 13:42
Just can't stay away
Joined: 2006/6/30
From: Kelowna, BC
Posts: 124
 Re: Rumor: Renault Interested in Chrysler?
Uhmmm... am I losing it or haven't we seen this movie before?

Renault + Jeep/AMC - Renault = Chrysler takover + Daimler - Daimler + Renault.... Full circle, it would seem.

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MarkH
Posted: 2008/10/6 14:39  Updated: 2008/10/6 14:40
Home away from home
Joined: 2005/7/20
From: The Great White North
Posts: 494
 Re: Rumor: Renault Interested in Chrysler?
Good point...

Also, when AMC owned JEEP, it spawned AM General, which produced the original HUMMERs, which was then bought by GM, which now produces the H2 & H3 variants.

There was some talk (not much though) of GM buying JEEP, OR, of the HUMMER division being sold.

I wonder if any rich desecendents of John Willys are around that want to buy HUMMER & JEEP and reconstitute a Willys-Overland Motor Company?

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MarkH
Posted: 2008/10/6 12:47  Updated: 2008/10/6 12:51
Home away from home
Joined: 2005/7/20
From: The Great White North
Posts: 494
 Re: Rumor: Renault Interested in Chrysler?
As U say, Mike, sales are indeed plummeting. Chrysler's stock is plummeting even faster. All the while, Chrysler is denying rumors, out of hand, that there's ANY talk of bankruptcy or selling off the brands.

And that's exactly how we know it's true.

Even though the rumor that Renault is involved may prove to be false, something seems to be brewing with Chryler's future (existence).

One way or the other the JEEP brand will survive. It's been bought & sold before... several times...
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