No big announcements, so far
Numerous sources, including Allpar, predicted a GM-Chrysler merger or takeover announcement on November 4 or November 5. Some major media sources believe this announcement will come with GM’s release of its earnings today. It is possible that an announcement was planned based on actions which have been halted or postponed, but it is also possible that the rumors were incorrect from the start. Allpar has been given disinformation from multiple sources, and other media outlets may have also been hit with inaccurate predictions.
Until now, Allpar has generally been fairly accurate in its predictions, based on some excellent sources. We’d like to thank oh20 and others who would probably prefer not to be named.
In the future we will be more cautious. I don’t know whether we’ve been hit with pranks or an official campaign, but there are probably few better ways to dealing with rumor mills than poisoning their sources, so to speak. It certainly makes more sense than Apple’s approach of suing them, which tends to result in wealthier rumor sites. The most likely explanation is the simplest - a combination of pranksters and people panicking based on fragmentary information. Like all the analysts who see GM and Chrysler declaring bankruptcy before the year is out.
Note our new irrelevant cats photo, now in color!
Dave,
There is no need for Allpar to defend itself. The rumor mill was just a grinding and many prominent financial and automotive sites were spreading the same silt. If Allpar had missed something that turned out to be a major announcement, that would be a different story. In fact, several of those other sites were still putting up data as “new” that had been reported on Allpar two days earlier!
The only thing I see you need to do is to keep on keepin’ on.
Besides, who else would allow my mindless meanderings on their site?
In that light, as a “cruiser” around the web, I find it astounding, and sometimes incredulous, that ALLPAR gets stuff out which a whole lot of “big” sources use like they were the originators.
Of course, I am gratified that ALLPAR has developed a place, which will continue as THE place where more than a few of us cherish. I believe that no matter what the eventual outcome of the current turmoil within Chrysler, Cerberus, General Motors, and the Fed, tomorrow always dawns with renewed spirit, for hope always springs eternal.
So it goes. So it will be. As I sit to write this, I look out from my little computer desk situated in a corner of my house, overseeing a nice little lake, and watch two mature Sand Hill Cranes, grubbing around, (and yes tearing up my turf) along with the many wild Mallard ducks that have chosen to make the lake their home. Life goes on, the world continues to turn, the Sun shines, and in a few hours, a small sliver of a moon will glow in the Florida night sky. Even in the face of the huge historical event of the recent past few hours, it becomes all humbling when you view that which has been provided, at no costs, and with no elections, just there, and just needs real appreciation.
Wow. That last paragraph was really something Curtis, bravo.
Great comments, Curtis - so very true. However, isn’t there almost a first quarter moon tonight? It should actually be pretty bright.
If Chrysler is pulling some magic trick here they are doing a jam up job of fooling me. I read many articals and updates to do with Chryslers pushing forward with Hybrid Electric cars, new model 300 and Charger in 2010, Challenger 2009 R/T in dealships now, already in dealerships and on the road 2009 Ram Truck that doubles as living room/Toyota chomping bad boy. For a Company thats looking for a buy out they sure have manys Irons in the fire. I dont get it. Some one inlighten me please. I have a Son Inlaw that is employeed at our local Dodge Dealer in sales. I own 2006 Hemi SLT 4×4 MDS Black short bed reg cab with a few preformance mods. Wife drives a 2007 Charger R/T with Road and Track option and every other option offered. Challenger R/T 6 spd ordered soon I hope. If there are some Boomers out there looking for a nostalgic thrill and Im sure there are, Ford, Gm and Dodge/Mopar are offering up the last American Muscel cars in my opinion. Just like in 70’s gov is going to mandate Hemi that gets 50 mpg soon. Although our 07 Charger will get 23 24 highway on cruise, Challanger R/T Hemi with auto 25 highway. 6.1 425 hp, 20 highway. Thats hybrid in my book considering what my 1966 Barracuda got in 1972 or my 1968 Sport Fury 383. Any help in this matter would be helpfull. I may need to hurry with my Challenger order. Im being told 4 to 5 month wait for 6 spd.
JP(hemihead)
Thanks Gents. Well…… I was waxing a bit, you know, author’s privileges. Cloudy right now, so I can’t really see the moon tonight…….. But, I just close my eyes, and see it any way I want.
The moon is quite bright in fact. And yeah life does go on. And as much as we hate change, or at least I do in some cases, such as the GM-Chrysler merger, we y’all will have to deal with it and accept it, or be like me and jump ship to a different manufacturer. But I loved Chrysler so much as well as it’s brands. I’ve become abscessed with Mopar, from having every Hot Wheels/Matchbox car I could get my hands on relating to Mopar, to have owned 2 vehicles such as a Plymouth Acclaim, and a Dodge Ram. My favorite driver in NASCAR is Kasey Kahne, driving what? A Dodge.
Now I admit that Chrysler has made a few mistakes, or well to me in my opinion, by bringing the Dodge Charger back as a 4 door sedan, and not resembling much of the original. Now the Challenger they did an excellent job. Replacing the Caliber with the Neon wasn’t a bad idea for I do like the Caliber, but the Neon was nice also. Chrysler did a good job with the 300 and as for their other brands I hated the Pacifa, and Crossfire leave, but hopefully the Aspen will be around a while.
And Jeep. Well I think Jeep should keep the Cherokee, Wrangler, and Liberty. As for the others, I feel there just slightly different knock-offs from the Cherokee. But I dunno. I do like the design on the Compass.
But I can handle all that, it’s the ‘twining’ thing that really bugs me. But that’s my opinion so.
But hopefully Chrysler will pull out of this and we won’t have to hear the word “merger” next to Chrysler ever again. I’m currently thinking of trading my truck in for the Dodge Caliber, but I’m also seeing if the merger is going to go through or not.
Add me to the list who was ‘blindsided’ by Chrysler NOT going away ca. November 4th.
As for cats: I live with three of ‘em.
I have been involved with Chrysler, in one way or another for all of my 61 years. Whether working in Dad’s store with them, driving them, ordering (bid process) them, writing about them, and now, watching in anticipation that maybe, just maybe, Chrysler MIGHT survive in some way. Then, it might not.
Chrysler has always been a chaotic operation. The 1934 Airflow knocked Walter out. He rushed it, demanded it from his engineers, and got really upset with them when they just could NOT deliver it on his laid out time table. The down hill slow slide began when Walter P. went out, leaving someone else, that did not have the blood of the ancestry, or the drive of the innovator, in charge.
Sometimes, there are more issues to consider than just money. Blood, sweat and tears do count. However, in this time, at this stage, those concepts of life, lose their punch, in the face of flinty eyed, cold hearted, money changers, who only see piles of cash, or lack thereof, as their motivation for corporate involvement.
Unions? Once used to be a great thing. Without their formation, workers would still be making 5 cents an hour, living in company towns, with full company control of their lives….. in my opinion, mine alone. Now, in this time, in this stage, they seek to exert as much control over workers as the companies once did. Even now, trying to usurp the basic tenant of secret ballots turning a concept into a coercion.
We have heard much over the years about the “greatness” of America. Potentially, it should have been. Again, in my humble opinion, we never made it. Granted, I can not think off the top of my head anywhere else in this world I would want to live. But in my jaded view, it could have, and should have been far better than it is for PEOPLE. ANY form of government from tribal leader to republic is a bad thing. Most forms of government are terrible things. Living in a democratic republic such as the United States is also a poor thing. Right now, it needs reform. It needs total clean up. It needs to be re institutionalized to even come close to what the Constitution meant for the PEOPLE. Sadly, no one seems capable of setting that course, and instead we keep fiddling with this two party system that, whether you admit it or not, just interchanges every few years, with no real commitments to energizing the PEOPLE to become more involved as the process should be. Money has become our “god” and power, no matter how you get it, is the real goal. Once both of these has been obtained, then the passion is to remain on top with both.
“Money” is now in charge of Chrysler through its money changer owners at Cerberus. They probably thought that they could outsmart the automotive industry. Of course, no one will ever know, because, no one, unless someone reveals something like in a “death bed” confession, what really happened in acquiring Chrysler. We do know that right now, in this time, they want OUT. And sadly, Chrysler seems to be going the way of the Doodoo, because within this atmosphere, PEOPLE do not count.
That’s a great comment Curtis. And you know, your right about Chrysler. They’ve always been right in the middle. And there’s not much space in there. The way it is now-a-day if your in the middle you can be out in a quick corporate minute. Could Cerberus have been that brain dead? Not to sound repetative but weren’t they the one’s that hung that banner, “The next hunderd years.”? And what about the full page newspaper adds claiming what the past Chrysler had done and what it’s going to do under this new ownership? What is this automotive talent they aquired getting paid for? Not much it appears.
Nobody KNOWS they’re really trying to “dump” Chrysler. That’s speculation. Nobody knows the content of the GM deal, either.
In a way Dave, I could agree with your “speculation,” that this isn’t a dumping situation, however, in the long view, whether you accept it or not, Cerberus is in the process to unload this automobile problem. Either cut it up and piece it out, dump it and run, or make a deal with someone, anyone. And this isn’t my humble little ol’ opinion. Lot of much more involved folks out here that have a deeper notion, and they all are saying the same thing. I applaud your optimism, BUT, this is CHRYSLER, and it has never had a sort of “stick to it” sort of long haul perceptive ability. In a way, and I will probably get shot here, letting Chrysler go as opposed to continue to let it function with its skewed public opinion that it builds “junk”, and without a big commitment to really change it and restructure it to be a leading force in automobile land, is the more merciful option rather than continue to cobble it along, trying to compete in an industry that it is not suited for.
Build junk? What really has Chrysler built that was junk? For god sakes, how many Consumer Reports
recommened imports, that in the long run turned out to be problematic? For some reason Chrysler has for the longest time, been the the media whipping post. And it still continues.
**SIGH** WHERE, oh WHERE did I state in context, that “CHRYSLER BUILDS JUNK?”
I said, that the SKEWERED PUBLIC PERCEPTION is that Chrysler builds junk.
But, to answer your issue, YES, Chrysler has built some real junk, and it has hurt it for YEARS. For starters, the rushed 1957 models made ENEMIES for Chrysler that lasts TO THIS DAY. As well, about 30 years later, the 1977 models, and the 1978 models were HORRIBLE. And can we soon forget the Aspen/Volare Twins? And the continued PUBLIC PERCEPTION, skewered as it is, is that Chrysler products are junk.
I own them for cryinginthesoup!
Agreed - and for that matter, much as I loved it, the 1995-96 Neon didn’t aid their cause any more than the first-year Omni/Horizon… or their refusal to gracefully stand behind certain problems (LH air conditioners, anyone?)