Welcome to the North American Subaru Impreza Owners Club Wednesday December 13, 2017
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads. 
Thread Tools Display Modes
Old 02-20-2007, 02:55 PM   #1
Scooby Guru
Member#: 5126
Join Date: Mar 2001
Location: www.nugateway.com
Default Merrill analyst gives Chrysler deal 50% chance

Merrill analyst gives Chrysler deal 50% chance


General Motors Corp. could be eyeing a deal to buy the Chrysler Group as a way to increase its bargaining power with the UAW and hold off competition in the United States, according to an investors’ note by a leading Wall Street auto analyst.

Merrill Lynch analyst John Murphy issued a note Tuesday rating the chances of a GM tie-up with Chrysler at 50-50. Talk of a Chrysler Group sale started last week when DaimlerChrysler AG Chairman Dieter Zetsche said he would not rule out any options for the Chrysler Group.

"News reports of GM's possible bid for Chrysler are everywhere and seem a bit of a stretch,” Murphy wrote. “However, given the transformation the U.S. industry is beginning, we would not rule out a tie-up. Most importantly, GM may view the acquisition as a defensive maneuver to box out new competition."

GM could gain an advantage in jointly developing trucks with the Chrysler Group and also in its ability to negotiate with the UAW, the note said.

“Possible synergies include leverage with the UAW, platform sharing in trucks, and leveraging legacy assets,” Murphy said. “On the other hand, the hurdles of excess dealers and dubious outcome of past auto combinations are high. On balance, we don't view the combination as overly compelling on its own merits, but it may be an important strategic move for GM.”
* Registered users of the site do not see these ads.
NYCshopper is offline   Reply With Quote
Sponsored Links
* Registered users of the site do not see these ads.

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
US to give Chrysler $500M, GM $5B in new aid AVANTI R5 Non-Subaru News & Rumors 2 04-21-2009 03:28 PM
Chrysler deal with Fiat valued at $10B AVANTI R5 Non-Subaru News & Rumors 1 03-16-2009 04:03 PM
Giving MEADENGINEERING one more chance BJM2000 Mid West Subaru Owners Club Forum -- MWSOC 16 09-19-2007 08:17 PM
Anyone who missed the Dell rebate deal... second chance rogue Off-Topic 15 11-18-2004 02:32 PM
FS: Turbo kit, wanta give LA people first chance. thepas Southern California Impreza Club Forum -- SCIC 5 01-26-2001 02:53 PM

All times are GMT -4. The time now is 01:47 PM.

Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2017 Axivo Inc.
Copyright ©1999 - 2017, North American Subaru Impreza Owners Club, Inc.