This edition of JeepNewsNow.com sponsored by:
 
MiscellaneousUn-Merger?
Posted by mike on 2001/1/15 0:00:00 (678) reads



Our friend over at All Fours Jeep Club sent us a link to a very interesting article in the British newspaper, The Sunday Times. It seems that there is a rumor going around throughout the automotive industry the the merger between Daimler and Chrysler might be headed in the opposite direction...

The world's third-largest car group, DaimlerChrysler, is likely to be broken up as pressure grows on Jürgen Schrempp, its chairman, to revive its fortunes.

General Motors is ready to bid for Mercedes-Benz, the most valuable part of the American-German firm.

The Sunday Times has learnt that the company's leading shareholders have given Schrempp what is effectively a stay of execution. Deutsche Bank, the largest shareholder with 12% of the shares, and the Kuwait Investment Office, which holds 7%, are losing patience with Schrempp, who has presided over a collapse in the share price and has failed to convince observers that he is tackling the problems at the Chrysler arm.

One person familiar with the situation said Schrempp has six months to show he can turn round Chrysler's fortunes or face a break-up of the group, which merged less than three years ago. Mercedes, the other main arm of the business, has shown strong growth.

Analysts believe any break- up would initially involve Daimler splitting from Chrysler, almost as if the 1998 merger had not happened.

Rumours of a break-up have caught the attention of some of the world's leading motor executives, including those at Ford, GM, Honda and Volkswagen. One executive at GM said Schrempp's departure would inevitably lead to a number of groups attempting to cherry-pick DaimlerChrysler's best assets, including Mercedes and Jeep.

While a full takeover bid would face considerable regulatory obstacles, a break-up of the group does appear to be uppermost in the minds of its biggest shareholders.

Anyone with an interest in the long-term future of the Jeep should check out the entire article.

Reader Reactions

The comments are owned by the poster.
We aren't responsible for their content.
You must login or register to post a comment.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Mopar forever
here is my comment
Face it folks, this whole charade is about SHAREHOLDER VALUE! It has nothing to do with the long term stabiltiy of Mother Mopar, Jeeps or anything else. Lots of stuffed shirts have buku bucks in this merger and they want their money's worth. If that means farming out production to Hyundai and Mitsubishi then so be it. If it means moving production to Mexico, which will happen all too soon, all the more for shareholders. Workers, customers, and dealers don't figure into this new equation. Yes, that sucks, and it harsh, but welcome to the global economy where multinationals come first and everybody else comes last, if at all.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: ANDREW
here is my comment I think that the sale of the Grand Cherokee and Wrangler will go down when the new jeep comes out. I need to know if i have a que
ion about jeeps who can e-mail for my answer.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: twonabomber
MB spends more money to develop a vehicle than the Chrysler side does, thats why they are now in trouble. Daimler spent all the money Chrysler had in cash reserves on Freightliner, Adtrans, etc...there is no more cash reserve left. my dad works at the Cherokee or Wrangler plant, depending where they need him, and for now he says its better working for the Germans than it was working for Renault, but its slowly getting worse. Nissan wont take over any part of DaimlerChrysler, it would be Renault again since they own Nissan, and Renault has its hands full with Nissan at this point. at first i thought a "merger" would be a great idea, until you realize it isnt actually a merger but more of an acquisition. maybe that Kerkorian guy can orchestrate a buyout and make Chrysler one of the Big 3 again, and keep Jeep Jeep.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Griff
Jeep Cherokee owners beware... beware of... FALLING OUT TAILLIGHTS!?!?!? Ok in response to what Matt said about the Cherokee having "Minor Problems" the minor problem was the Cherokee's taillight fell out. Ok Cherokee owners feel free to chime in but I myself have been trail riding since 90 in a 88 XJ and never have I seen a Cherokee with a taillight that has fallen out. If you ask me Jeep staged that whole trail ride with the XJ WJ TJ and the blessed divinely inspired KJ as a whole thing to discredit Jeeps of yesteryear design teams with the Jeep for the new millenium the KJ!! WoooHooo... I can't believe how over rated this Jeep is. Also on the Rubicon at Jeeps little publicity stunt they ran the WJ so hard that the only body panel that didn't need replacing was the roof. Need I say that that didn't happen when Jeep took the WJ on the Rubicon back in 98 and 99. So my guess is something was done wrong to damage the WJ to the point that every body panel was damaged. But then again what do I know those Jeep guys really must know what they are doing. I am starting to think that the designers and people who do the mechanics there are about 20 years old. From the looks of the new Jeeps the designers don't know jack about heritage. The new idea of heritage is them being told to incorporate round headlights in to every Jeep vehicle. Last time I checked every past Jeep vehicle it didn't have round headlights. But I guess I am just too old to understand all this hip new stuff. It like the Jeep wave. Any one remember that? Well to refresh your memories when CJ TJ or YJ owners drive past each they lightly tap the horn and wave at each other. I still do it but I am finding more and more i get the middle finger or nothing even happens. I attribute it to the massive amounts of teenage guys and girls that think the their Jeeps are just trendy. Sorry for complaining but i think Jeep in general is becoming less of a off road specific brand and turning into just a mommy driving SUV brand. I don't think it will be long before Jeep line has crossovers and junk like that. I think Ford should buy them maybe incorporate some Land Rover technology into the mix or of course GM and throw in the Hummer stuff minus that IFS junk. Long live Jeep and the XJ!!!

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Bob
Who's on first? Abott and Costello would have a
field day with this?

Folks, I'd be very surprised if we see continued
musical chairs, as far as Chrysler/Dodge/Jeep is
concerned. What Chrysler needs is some stability
that they can plan on. Constantly changing owners
is not the answer

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: CrazyJeep
Um, this may not have the silver lining that everyone thinks it may have. I wince at the thought of another foreign company having the chance to grab Jeep, especially Japan.

Can you imagine what Honda, Toyota, or Nissan would do to Jeep? Someone said that Honda may have enough capital to buy the whole package!!

This is not good, not good at all. Jeep doesn't need all these changes in the "front office"! I feel for the engineers who have to report on their projects to a new owner every couple of years, new owners that surely have different ideals and goals than the previous! It takes longer than a year or two come up with a new vehicle design.

Just my opinion!

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Andy Sobehart
Great! First the screw it up and then they want to bail. If they want to turn around their market Bring back the Scrambler, make the TJ as broad a selection as it one was during the CJ years. If you have to get rid of the Cherokee, not that you should, give us something thats still cherokee on the indide, solid axles and I-6, boxy and built. And Bring back the quilities that made Jeep what it is today, unserpassed off-road quality. And If your not going to do that, bail out and let someone who knows what their doing take over.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: One for 'Matt' to read..
here is my comment

For the reader/writer Matt's info., read 'Four Wheeler' mag's latest write-up on the 'Liberty', they 'banged up/tore up' the trans.transfer case on the 'Liberty' Jeep on the rubicon! Do your homework when you read the mags, i have not heard of the'Liberty' tearing up the Cherokee performance-wise. For one Matt, look at the torque spec's on the 'liberty's' V-6, vs the Cherokee's inline-six, no comparison!! V-6 build lots of horses, but look at torque ratings with rpm ratings-the straight six wins bar-none! Long live the Cherokee!

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Joey
here is my comment

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Chuck
I feel that everything is just a speculation and all Schrempp is doing is throwing smoke bombs to by moving some accounting figures "turn around" the company in no time. He is just taking the opportunity to shake up the US arm and "clean the house". I just hope he does the same in Germany as I think that even though MB is making money nowadays, there is a lot of excess staff at the MB side. Chrysler was always considered a lean company and now there is an excess of 20,000 employees... I don't think so. I just hope they launch some good signs and stop screwing up the image of all three brands (Dodge, Chrysler and Jeep)! In the end, I just feel that the buyout (it was never a merger, right?) stays as any other takeover would just make things worse.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: HelloIdiot
You know if this is a totally free news source, why in all hell do we have to register to look at the boring shit you want to post.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Bob
Matt- The Mercedes GL wagon will offically be
imported to the US before the year is out. DC is
in the process of buying out the company (from New
Mexico?) that has been importing them to date.
Hopefully the price will drop, although probably
not muc

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Matt
Oh yeah... Lets remember that MB has made some really awesome off-roaders themselves... the Galendawagen (which was handmade and therefore heavy on the wallet) was one of the best off-roaders ever... but it sadly has seen its departure from the US... the ML55 is also a great off-roader, you just don't know it because noone ever takes em offroad... MB isn't BMW... MB makes trucks... they aren't "pussy footed Germans" like BMW...

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Matt
GM or MB are the only two companies I want running Jeep in particular.... any others running it will be ridiculous... why keep the Cherokee when the Liberty (will be called cherokee in foreign markets) outperforms it... When a mag. (forgot which one) took it on the Rubicon with the current Cherokee, they said the Liberty tore it up... no damage at all... while the Cherokee had a few minor problems (No Jeep's have major problems ;)... Why use solid axles and I6's when the independent susp. and a more powerful V6 (based on Grand Cherokee's 4.7L V8 BTW) out perform it? The Liberty is awesome, and is more like the Dakar concept than any Jeep will ever be (besides the Wrangler of course) Jeep is headed in the right direction... as long as Honda or Toyota don't take it... GM would be fine... even Nissan would be alright... they are becoming more of an American company... errr lets say GM...

oh yeah... lets keep in my that the Hummer (one of the world's most awesome off-roaders) has independent suspension... Whats the big deal with the independent? When done right, it is better... and I think Jeep has done it right.

Good looks. Good power. Good off-road ability. If it is comfy, then what more could you ask for?

AM General and Jeep would be a good combo... oh, and is it just me or has the Hummer always looked like it should be a Jeep? :)

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: RICHARD
tMy thoughts on this mess is to all of us to be very watchful on what the corporate morons will do to the remaining companies that use to make up Chrysler corp. I think that what ever is done is going to hurt the american side of the company. The germans have not shone me that they can relate to the american consumer. This is and could be ablessing but it could be double edgesword , think of it this way. If they sell mercedes to General Motors and then sell Jeep to the Japs then I think that we wil all loose.But I hope Iam wrong. It would be great to see Chrysler on its own once again. Long live Chrysler!!!?

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Griff
As much as this seems a step in the right direction it is so much of a backwards step into failure as the merger with Damiler was. Any company who buys Chrysler or Jeep will be looking at cutting the red ink just like Damiler. Although we'd hope if Chrysler or more specific, Jeep, was sold it would be picked up by a American company it is destined to a future of platform sharing and the butchuring of the name by making parts bin Jeeps and Chrysler cars. Look at AM General's H2 Hummer, Its a funky looking Suburban. Also GM has a thing for cross-over SUV's (beefed up station wagons) and that to me says Jeep would be destined to get a Cross over. While I can see Jeep must progress forward to keep sales up, I think the KJ Liberty isn't going to be the worst Jeep we will see in the next few decades. As for the Cherokee its too late for the current Cherokee. Any further Cherokee would have to be a whole new truck. If it was ford it would be off the Escape or Explorer chassis and if it was GM it would be on the Trailblazer chassis. Ford is already building a TJ clone i am sure it could easily be made into a succesor and the Ford has IFS all over it. The Wrangler has already become every teenage girls dream it doesn't need to be made into a IFS cute-ute that is a bastardization of the nameplate Wrangler or Jeep. But I think you get what I am saying about anyone buying Jeep or Chrysler. I'd hope that Chrysler could go back to its own company. It used to be one of the big 3, it needs to return to being one of the big three. Chrysler doesn't need to spiral towards demise just as the Jeep wave has done with all the people that aren't literate in the way of the Jeeps. Long live Jeep the way we used to know it, by itself.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Justin Trevor
Lets see, if GM makes a bid for DC and takes Mercedes and Jeep....would Jeep then be re-associated with AM General (who is now associated with GM)? Would there be an American Motors reunion? This COULD put Jeep back in the hands of the capable off-road builders at AM General and far away from the pussy footed germans only concerned for the bottom line. After all, AMG is building a new SUV, with SOLID axles...seems they're going in the right direction. I wouldn't mind seeing GMs new 4.2L straight six put into Jeeps....imagine...solid axles from AMG and an I6 from GM....sounds like a Jeep to me.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: John 93 XJ Country
Thank God! The sooner they UN-MERGE the better. Maybe now things will go back to normal. Maybe theyll also cancel there ugly new Liberty and keep the XJ. Diamler finally got smart and figured they couldn't change a neon into a benz. Only probelem is its never going to be the same, theyll probably divide DC into 10 parts and auction them off all to different companies.
Just my .02 cents

....Long live the XJ!

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: dana300
I hope the speculation is true....Chrysler and Jeep in particular have a wonderful heritage of tradition and innovation and don't deserve the fate of becoming Mercedes stepchildren.....perhaps American investors and American owners can rescue Chrysler and Jeep before Herr Schrempp can do any more damage....
Main Menu
JeepNewsNow Everywhere
Login
Username:

Password:


Lost Password?

Register now!
Jeep Classifieds
Syndication - RSS
Add Jeep News Headlines to your site for free!

Display the latest Jeep news headlines on your Web site using our RSS 2.0 news feed!

RSS 2.0

Or, if you prefer, an even easier way of putting the headlines on your Web site is to utilize our free, JavaScript-based headlines. Check them out!
Who's Online
11 user(s) are online (5 user(s) are browsing News)

Members: 0
Guests: 11

more...
Advertisements
mike's totally free jeep news now is designed and maintained by AnelloConsulting.com
Copyright © 1998-2010 mike's totally free jeep news now
Privacy Policy | Disclaimer | Advertising Info