Comments on: (Possible) China Buyout Watch: Chrysler And Great Wall

By: charly

charly — Wed, 17 Dec 2008 18:07:26 +0000

Chinese market isn’t growing as fast as expected but to claim it is contracting over a whole year is news. Besides the Chinese car companies are all part state companies so it isn’t a bailout but an investment.

By: porschespeed

porschespeed — Wed, 17 Dec 2008 18:03:12 +0000

Their adventures in Asia have kind of a Malcom Bricklin smell to them.

That’s pretty funny, since Scam ‘em Bricklin was hooked up with Chery prior to Chrysler’s misadventures.

I remember having a rather amusing little tete-a-tete with Bricklin’s punk kid on another car site (that I no longer frequent).

I offered his Chery deal would go down in flames, and detailed a short list of old Malcolm’s pathetically transparent hustles.

It was pretty amusing to hear the grifter-in-training’s vitriolic responses. To his credit, the kids who didn’t know history thought I was just sooo wrong about that fine man. LOL

By: Mike Stevens

Mike Stevens — Wed, 17 Dec 2008 14:38:02 +0000

This makes no damned sense. The Chinese, flush with cash? Really? When their own market is contracting, their own government is bailing them out, and their sweatshops that specialize in making commodities for failing markets in Europe, the US, and elsewhere in Asia are slowing down? Macroeconomics would suggest otherwise, that we are in one global economic big fishbowl, and Chinese conglomerates (that are now making cars as the ultimate result of their experience making many other, simpler things first) might take a more pragmatic approach by conserving their saved cash. Plus, even if there was a Chinese company that somehow did escape the global economic meltdown, would Chrysler be the partner they would feel comfortable forging a future with? Their adventures in Asia have kind of a Malcom Bricklin smell to them. Excuse me while I suspend my disbelief.

By: windswords

windswords — Wed, 17 Dec 2008 14:01:57 +0000

Hey Kids, can you spell ‘desperation’ ?!?!?

Dumbler? Dieter Zetche?

By: Stu Sidoti

Stu Sidoti — Wed, 17 Dec 2008 13:26:16 +0000

Hey Kids, can you spell ‘desperation’ ?!?!?

Whoops Too Late !! Better Luck Next Time…