[ROVERNET - UK] Sale of Jaguar and Land Rover...Chrysler
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
Commercial Vehicle PROFITS 2,093,000,000 Euro in 2005
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?
> Peter Miller
> Arlington, Wa. USA
> rovernet mailing list
> rovernet at lyris.ccdata.com
> To unsubscribe, go to this web page, look near the bottom and follow instructions:
> Back-up list and photos at:
More information about the rovernet