[ROVERNET - UK] Sale of Jaguar and Land Rover...Chrysler
sands2005 at home00.eclipse.co.uk
Sun Sep 3 22:28:15 BST 2006
Mitsubishi didn't buy Chrysler...they bought Chrysler
Australia... slightly different, this was the manufacturing arm of
Chrysler in Australia makers of the famed 'Chrysler Valiant' in
Australia.... arguably the best was the original 'S' series Valiant
(early half of the 1960s) though the Valiant Charger (quite a bit
different from the Dodge Charger, though inspired by it) now seen in
retro is quite a desirable '70s' car. I met the 'millionaire' son of the
guy who brokered the sale of Chrysler Australia to Mitsubishi some years
back. At high school there was always a kind of split of factions
depending upon whether you were 'Chrysler' or 'Holden'.... or to a
lesser extent 'Ford.' In more recent years the factional split between
students is Holden/Ford.... We were able to (still can) get our driver's
lience at 16... I got my licence then but bought my first car a 1958 FC
Holden when I was 18... I paid $150au for it.
I daresay there are still strong links between Chrysler and Mitsubishi
just as there are between GM (GMH in Australia) and Isuzu. I believe
that Ford had a big stake in Mazda.
.... incidentally folks I no longer have my 820 Vitesse... it was
totalled in a car accident and crushed up by the wreckers... I now have
an X-Type Jag (2.5 SE)... I've had a long history of ownership of
Triumph and Rovers.
Glen Wilson wrote:
> 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
> 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
> 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
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