Journalism & The Media Television, radio, movies, newspapers, magazines, the Internet and more.

Kerkorian bidding on Chrysler

Thread Tools
 
Search this Thread
 
Old Apr 6, 2007 | 03:30 AM
  #1  
bwilson4web's Avatar
Thread Starter
|
Engineering first
Joined: Oct 2005
Posts: 5,613
From: Huntsville, AL
Default Kerkorian bidding on Chrysler

http://www.washingtonpost.com/wp-dyn...040501088.html

Kerkorian Opens Bids for Chrysler[SIZE=2] By David Cho and Sholnn Freeman
Washington Post Staff Writers
Friday, April 6, 2007; Page D01

Kirk Kerkorian, the 89-year-old billionaire investor who has agitated boardrooms from Hollywood to Detroit, proposed a $4.5 billion buyout of Chrysler yesterday, the first public offer for the troubled carmaker.

. . .
His attempts to reform GM failed and now he has a chance to buy and run his own car company. Other than concerns about his age, I wish him well.

Bob Wilson
 
Old Apr 6, 2007 | 05:58 AM
  #2  
Earthling's Avatar
Pretty Darn Active Enthusiast
Joined: Nov 2006
Posts: 264
From: Finger Lakes Region NY
Default Re: Kerkorian bidding on Chrysler

Originally Posted by bwilson4web
http://www.washingtonpost.com/wp-dyn...040501088.html


His attempts to reform GM failed...

Bob Wilson
I wouldn't hold that against him. Ross Perot tried to reform GM, too, and he got nowhere. GM stubbornly resists reform.

Chrysler needs a major reform, which is obvious.

Marketing vehicles as "testosterone substitutes" only goes so far, especially in light of the fact that more women buy vehicles than men. I haven't seen Chrysler try to sell anything based on the product itself, just marketing hooks like, "Yeah, it's a Hemi," or "This car is anything but cute." Their marketing is so bad it insults our intelligence.

Come on, Chrysler. Come up with some some relevant vehicles, with the price of gasoline and environmental concerns in mind. Macho only goes so far.

Harry
 

Last edited by Earthling; Apr 6, 2007 at 06:01 AM.
Old Apr 6, 2007 | 07:04 AM
  #3  
Delta Flyer's Avatar
Banned
Joined: Apr 2005
Posts: 3,155
From: Lewisville (Dallas), Texas
Default Re: Kerkorian bidding on Chrysler

Back around 1980, Chrysler saved itself with products like the front-wheel drive K-car, the Dodge Omni, Aries, Reliant - fuel efficient vehicles Lee Iaccoca pushed.

Things have changed since then.
 
Old Apr 6, 2007 | 10:35 PM
  #4  
gumby's Avatar
Energy Independence
Joined: Feb 2006
Posts: 1,282
From: Richardson, TX
Default Re: Kerkorian bidding on Chrysler

Originally Posted by Delta Flyer
Back around 1980, Chrysler saved itself with products like the front-wheel drive K-car, the Dodge Omni, Aries, Reliant - fuel efficient vehicles Lee Iaccoca pushed.

Things have changed since then.
I remember the K-car being their savior, as they got the rental car companies to buy them in droves.
 
Old Apr 7, 2007 | 12:28 AM
  #5  
bwilson4web's Avatar
Thread Starter
|
Engineering first
Joined: Oct 2005
Posts: 5,613
From: Huntsville, AL
Default Re: Kerkorian bidding on Chrysler

Originally Posted by gumby
I remember the K-car being their savior, as they got the rental car companies to buy them in droves.
If GM and Ford have decided to move away from fleet sales, it sounds like an opportunity.

Bob Wilson
 
Old Apr 9, 2007 | 09:09 AM
  #6  
livvie's Avatar
Ridiculously Active Enthusiast
Joined: May 2004
Posts: 1,518
From: New England
Default Re: Kerkorian bidding on Chrysler

Chrysler will be sold in pieces... which is probably for the best. I do have to say though, that their cars of late have been pretty impressive. The k-car imo, was what killed chrysler, yes they sold thousands (millions) of them but they also cause me to think of chrysler as a cheap car company and one that i would never buy from. So long term strategy was lacking. An average fleet car is the kiss of death imo.
 
Old Apr 9, 2007 | 09:40 AM
  #7  
bwilson4web's Avatar
Thread Starter
|
Engineering first
Joined: Oct 2005
Posts: 5,613
From: Huntsville, AL
Default Re: Kerkorian bidding on Chrysler

Breaking up Chrysler, an interesting idea. What might emerge would be one or two, custom car companies that focus on limited production, specialized vehicles. Instead of trying to run a series of manufacturing plants, badly, with poorly engineering products, a narrower focus with finite production runs might be the right answer.

Bob Wilson
 
Related Topics
Thread
Topic Starter
Forum
Replies
Last Post
gonavy
Fuel Economy & Emissions
14
Jan 26, 2007 08:42 PM
Jason
Hybrid & Related News
0
May 20, 2005 07:18 AM
Jason
Hybrid & Related News
1
Sep 21, 2004 08:32 PM
Jason
Hybrid & Related News
0
Aug 24, 2004 03:30 PM



Contact Us -

  • Your Privacy Choices
  • Manage Preferences
  • Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

    When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

    © 2026 MH Sub I, LLC dba Internet Brands


    All times are GMT -7. The time now is 01:57 PM.