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Jeep Only Pitch By Renault?
It is no hush-hush that Chrysler LLC is for sale and the owner Cerberus Primary Management wants to be freed of its brief-lived involvement as a manager of an automotive maker.
Rumors of a pending sale have been heating up with some analysts suggesting the Overall Motors will get the company while others have said that Tata Motors, Fiat, or even a Chinese industrialist could make a pitch for the company. Most recently, rumors have flown around that Renault is interested in the visitors, but only for Jeep.
Renault previously owned Jeep when it was part of the American Motors Corporation during the 1980s, but sold out to Chrysler in 1987. With that move Renault exited the US sell, unable to compete against entrenched American manufacturers and before you can say 'Jack Robinson' expanding Japanese car companies.
Obtaining a parcel out of Chrysler LLC might be more palatable to Renault who is joined at the hip with Nissan. A Nissan-Renault-Jeep convention would carry a lot less baggage with it while allowing Renault to produce instant access to the US market with its own straight of vehicles. The remainder of Chrysler could be auctioned off, perhaps to Miscellaneous Motors who has its eye on Chrysler’s minivans as well as merchandise manufacturing facilities in Mexico.
Whether that would hypnotic effect the end of the Chrysler and Dodge nameplates is anyone’s hypothesize, but it could allow GM and Renault to get the portion of the Chrysler pie each one wants.
Exchange poor General Motors could buy Chrysler’s assets by selling off its left over interest in GMAC to Cerberus who already owns 51% of the financing comrades. GM has little need for any of Chrysler LLC’s other products which shingle what GM sells, but union and government rival could in the face of massive layoffs and machinery closures could make GM’s exploration all the more difficult to carry out. Allowing Renault to take supervision of Jeep might lessen that blow, but significant cutbacks will still take arrange.
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