Following up on flexibility

This is an interesting speech made on August 4, 2004, which may bear reprinting.
Tom LaSorda
Chief Operating Officer, Chrysler Group
“The Fully Flexible Corporation”
I’ve been looking forward to this opportunity to discuss the state and future of our industry. Thank you for inviting me to be a part of it.
Having fairly recently moved to the COO position [...]

GM and Chrysler, working together again

You may remember how the analysts and reporters were claiming that GM, after acquiring Chrysler, would shut down pretty much everything but the minivans and Jeeps. At that time, you may remember my saying:
Rubbish, I say. Even if Rick Wagoner is as foolish as he looks.  These people don’t know Chrysler. They are still thinking the Daimler line [...]

Quick reality checks: Chrysler, GM, and more

General Motors has not acquired Chrysler  - at least not yet.
Chrysler can survive with or without a GM merger. Cerberus has the resources to keep it running.
If GM and Chrysler do not merge, it will not cause them to go bankrupt. 
Analysts are unlikely to have prior knowledge of any events. “You will know what happens [...]

Interesting theory: Daimler decided Dodge death

This was a comment from “Patfromigh” which I found interesting enough to make into its own entry. Keep in mind, I did NOT write it and am not necessarily saying I believe it. But it IS interesting.
Was Cerberus just a middleman to get what Daimler really wanted in the first place?
Remember the Valentines Day [...]

More news coming; keep an eye on Allpar over the weekend

We have now gotten three reports of a “big announcement” on November 4 or November 5, involving GM and Chrysler. Speculation includes:

the usual “GM giving Cerberus GMAC in return for Chrysler” rumor
GM being purchased (in whole or in part) by Cerberus
the formation of a new jointly owned company (”letting the old ones die”)
both GM and [...]

GM-Chrysler deal to be quietly announced on election night? (Updated)

“The GM executive told me the big announcement will be during election evening… and that it will be very bad indeed for Chrysler.”
This statement made by a source who wishes to remain anonymous reinforces my earlier opinion. To summarize that:
The deal will involve GM getting Federal aid to acquire and largely shut down Chrysler.
The deal [...]