[ROVERNET - UK] Sale of Jaguar and Land Rover...Chrysler

Glen Wilson rovercar at comcast.net
Sat Sep 2 21:23:10 BST 2006

Well, I don't know if there are Mitsubishi products now that used to 
carry the Chrysler name, but Mitsubishi definitely did not "buy" 
Chrysler! Chrysler used to own a large percentage of Mitsubishi, market 
some of its products in the USA as Dodges, and have joint production 
facilities in Illinois.

Let's not look down our noses at Chrysler....

Chrysler has made some pretty respectable stuff in the last decade or 
so, and they paid back the "bail out" funds to the U.S. government in 
full plus interest. Who else ever did that?

There are a lot of nice Benz bits in today's Chrysler products (some of 
the upscale models have "Mercedes" cast into everything under the hood), 
but I don't think it's been a one-way street.

The Daimler-Chrysler corporate report divides production into three 
categories: Mercedes Car Group, Chrysler Car Group, and Commercial 
Vehicle Group. The car groups are fairly flat, but the Commercial 
Vehicle Group is booming.

Mercedes Car Group  LOSSES        505,000,000  Euro in 2005  1,216,838 units
Chrysler Car Group     PROFITS    1,534,000,000  Euro in 2005   
2,812,993 units
Commercial Vehicle   PROFITS    2,093,000,000  Euro in 2005       
824,867 units

Don't know what brands are under Commercial Vehicles (some of them are 
definitely Japanese) but that's where the big profits seem to be.

Actually, the commercial brands are MB, Freightliner, Fuso, Thomas-Built 
Buses, Sterling Trucks, Western Star Trucks, Orion and Setra.



sspmilr at netzero.net wrote:
> Hi Mike:
> Glad you took the time to "put me straight".  You were right, I was
> stuck in the 70's.  Glad that Jaguar is doing well.  What about Land
> Rover?  Are they making money?  I can remember when the US government
> "bailed" Chrysler out a few years ago.  It seems that Benz is good for
> Chrysler.  Don't know how happy MB is about their investment?
> Sincerely,
> Peter Miller
> Arlington, Wa. USA
> Sspmilr
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