Chinese Vehicles
Would a Chinese vehicle have quality on par with the U.S. vehicle? And what would the implications be both from a quality and perception if one of the former Big Three were purchased by a Chinese co...
Forum Discussion
SidecarFlip wrote:
Dodge-Chrysler was purchased by Daimler MB for one reason and one reason only, Diamler MB wanted to cash in on the huge pile of money that was accumulated in their retirement accounts and thats exactly what they did, they bled Chrysler dry and then along came Marchoni, looking for an domestic outlet for his Fiat cars and bought Chrysler from Diamler MB.
Marchoni got the scraps. Fiat has rejuventated the company and returned it to profitability and now some Chinese company is making an offer. I find that scary. I believe that most people don't know it but the Chinese already own a large portion of GM and have for some time.
The Chinese and the British own parts of or outright, many business that are based here. Not much left here that is domestically owned today.
Mercedes bought, pillaged, and dumped Chrysler. As you said: they wanted the giant pile of CASH ChryCo was sitting on! Before, Chrysler was a money machin and could do no wrong. It took about ten years for Daimler to run them into the ground.
