|
JM -> CHRYSLER/JEEP (5/14/2007 8:34:20 AM)
|
Since today 10 am European time DAIMLER CHRYSLER does'nt exist anymore.
They are called DAIMLER AG.
They have sold CHRYSLER, thus JEEP, to CERBERUS an American fund for 5.1 billions Euros.
Quiet a bad days for the germans. They bought CHRYSLER for 36 billions a few years ago!!!
The big question is: what is going to happen. Since the funds are certainly not there to stay more than a few years.
During the next 3/5 years they have re shape the company to make it profitable, which is quiet far from today reality, and re sale it.
Since the average ROI these funds expect is about 30% per year I don't think R&D is going to be their main target.
My opinion is that HUMMER have quiet a few good years upfront.....
|
|
|
|
