Dougw Member Username: Dougw
Post Number: 1839 Registered: 11-2003
| Posted on Friday, August 03, 2007 - 1:28 pm: | |
Can we call them the "Big 3" again, instead of the Big 2.5? http://www.crainsdetroit.com/a pps/pbcs.dll/article?AID=/2007 0803/REG/70803003 excerpt:
quote:Chrysler sale final By Brent Snavely 12:51 pm, August 3, 2007 The nine-year marriage of Daimler-Benz and Chrysler has come to an end, and a new era officially began today. Stuttgart-based DaimlerChrysler AG said Friday morning that it has completed the closing for the transfer of a majority interest in the Chrysler Group and for the related financial-services business to New York City-based private-equity firm Cerberus Capital Management L.P. ... |
Mikeg Member Username: Mikeg
Post Number: 1046 Registered: 12-2005
| Posted on Friday, August 03, 2007 - 1:30 pm: | |
A more accurate moniker would be the "Little 3" - after all, they no longer sell the majority of vehicles in the US. |
56packman Member Username: 56packman
Post Number: 1591 Registered: 12-2005
| Posted on Friday, August 03, 2007 - 1:53 pm: | |
most accurately "the big 2.801" (Message edited by 56packman on August 03, 2007) |
Ccbatson Member Username: Ccbatson
Post Number: 1724 Registered: 11-2006
| Posted on Saturday, August 04, 2007 - 12:38 am: | |
Fingers crossed, unions ready to give them a break, let's make this thing work and remain the big 3. |
Andylinn Member Username: Andylinn
Post Number: 495 Registered: 04-2006
| Posted on Saturday, August 04, 2007 - 12:44 am: | |
they're still 3 of the biggest US corporations in operation... they're still the big 3. talking about internet firms, one would be a FOOL to not include google, if not label them the BIGGEST most important net firm... yet their revenue + number of employees is dwarfed by even chrysler. (Message edited by andylinn on August 04, 2007) |
Yvette248 Member Username: Yvette248
Post Number: 799 Registered: 10-2006
| Posted on Saturday, August 04, 2007 - 7:20 pm: | |
56, your mind is very very scary. |
56packman Member Username: 56packman
Post Number: 1592 Registered: 12-2005
| Posted on Saturday, August 04, 2007 - 9:20 pm: | |
Yvette248--perhaps I can explain: Cerberus capitol bought 80.1% of Chrysler from Daimler Benz AG, they still retain the other 19.9% and will continue to cross-market products and technology. SO.........My "2.801" was an allusion to the fact that 80.1% of Chrysler is an American company, in the literal sense. Is it still scary? |
Ccbatson Member Username: Ccbatson
Post Number: 1742 Registered: 11-2006
| Posted on Saturday, August 04, 2007 - 10:11 pm: | |
GM, Ford, and Foreign automakers that are publicly traded are not 100% owned by the parent corporation.....The Big 3 it is. The trick will be keeping it that way. If Chrysler doesn't rebound, Cerebrus could sell it off in pieces. |