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"Chrysler may be forced to sell its Jeep"
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#46 | |
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Actually, Ford is in worse shape than Chrysler. Ford stock is at like $2.35 today and Chrysler is at $3.12 (isn't that pathetic). But you are right, if Jeep does get a new owner, it'll most likely be a foreign one.
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#47 |
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How is Chrysler at $3.12, it's not a publicly traded company?
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#48 |
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You're absolutely correct. I got distracted watching tickers. My apologies. Cerberus owns 80.1% of Chrysler(Cerberus Capital Management) and Daimler A.G. owns the remaining 19.9%.Daimler A.G. is at $30.45, much MUCH better than Ford. |
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#49 | |
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Member
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Quote:
Who owns Cerberus? I wish I had money to buy some GM or Ford. |
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#50 |
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Registered User
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I only know a little about Cerberus Capital Management, what I read anyhow. They've got a decent website (hxxp://www.cerberuscapital.com/). Company profile tells you a little bit about them. As far as buying Ford or GM stock, it's unimaginable that one of them would go bankrupt or be bought out...but not impossible. If you're a gambling kind of person, auto stock might give you a pretty good reward but probably not in the immediate future. As for me, I'm moving some of my money out of the aggressive mutual funds and putting it into utilities, specifically electric companies. If you look at the 'electric' trend that auto manufacturers pursuing (either all electric or PHEV) and you do a little math as to how much electricity those big batteries actually take and then put one in every 15th, 10th, 5th or even every other home....that's a LOT of juice. I suspect demand is really going to start escalating here in the next two years and demand will increase steadily for at least the following decade.
My 2 cents |
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#51 |
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Senior Member
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If I was going to buy auto stock, I'd be buying Honda. They're the only company turning real profit, even Toyota's posted a few losses recently. They've built their strategy around small, efficient, durable cars, and that's what's selling now.
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"Buying a Jeep for on-road handling is like downloading porn to savor the cinematography." -TTAC |
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#52 | |
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Registered User
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Quote:
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__________________
SUPPORT THE TROOPS 2006 Jeep Wrangler|BDS|BFGoodrich|Uniden|Upol|HiLift|Cragar| Hella|Alpine|JKS|PoisonSpyder|Delta|Aussie Locker|Bluetorch Fab|Novak|Trail Gear -Zach
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#53 |
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Registered User
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From what i read, it looks like Chrysler/Jeep/Dodge goes with Fiat ,or they go into bankruptcy cort, some say it will cost around $90 to Billion to bailout GM and Chrysler at this point? I don't know but going with Fiat may give us a Wrangler with a Diesel and new transmission..look at fptpowertrain.com and maesco.com, see pictures of sofim engines, 2.3 and 3.0 both meet tier 2, the 3.0 is the one for Jeep i hope.
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#54 |
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Registered User
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You may want to google troller t4,or checkout you-tube.com for troller t4, this is a modern Ford YJ jeep, that Ford owens the rights to.
Note: I posted this because of my worrier over the future of the Jeep wrangler ,It is just killing me. any way, seeing this Ford YJ in action on you-tube,well it helps me with the pain.I know, now that Ford can build a Jeep Wrangler,because its the mostly stateside buyer for the Jeep brand , before bankruptcy or after Last edited by slow2run; 03-02-2009 at 11:48 PM.. |
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#55 |
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#56 |
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Registered User
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I read in JP magazine the other day that international was purchasing Jeep. Is there any truth to that?
EDIT: I also just read it in a thread 2 below this one... |
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#57 |
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Registered User
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The infamous April (April Fools Day) issue of JP.
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1st one- 1989 Cherokee Laredo. 12 great years 2nd one- 2001 Cherokee Limited. Got it before they were gone. |
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#58 |
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Registered User
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Yeah you gotta love that. They really got me.
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#59 |
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Registered User
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i hate it when they do that, damnit. because the april issue is usually out at the end of ****ing february.
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"The stoke was palpable..." good grief, just buy the Rubicon. |
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#60 | |
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Registered User
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hopes and dreams.
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"Si Vis Pacem, Para Bellum" '98 ZJ Limited V8 "Daisy" |
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