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This past weekend we saw several reports announcing Hyundai�s interest in joining possible bidders for the Chrysler Group. Hyundai�s response was immediate. The Korean Group�s spokesperson Jake Jang told Associated Press today, "We are not considering to buy Chrysler because our hands are full", putting all rumours to an end. To be honest I found Hyundai�s interest too far fetched.
But Hyundai isn�t the only Group who�s been reported to be interested in Chrysler. GM is another hypothetical candidate. Yes GM, the firm that has a million or so problems to solve on its own wants to buy Chrysler, a competitive company that�s in the same or probably even worse situation� Apart from the fact that there�s no logic whatsoever for a move of this scale, GM couldn�t even come to an understanding with the Renault-Nissan Group let alone with Chrysler.
Talking about the Renault-Nissan Group, and if and I repeat "if", DaimlerChrysler is seriously searching for someone to �dump� Chrysler and it�s not some sort of tactic to push forward a "hands-down" restructuring plan, I�d say that a scenario concerning an alliance between the American and French-Japanese Groups sounds quiet sane to me. What do you think?
Technorati: Hyundai, Chrysler+Group, DaimlerChrysler, GM, auto+news, car+news, automobile, cars, automotive, vehicles, Carscoop, blogs, 2007
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