Chrysler has been purchased by Cerebus. By all accounts, it appears  
to be a good thing. Time will tell.
Paul
On Jul 6, 2007, at 8:25 PM, John Sessoms wrote:

> From:
> J
>> Please tell me when FORD bought CHRYSLER..Did I miss this. Yes Ford
>> does own Jaguar..Joe
>>
>> At 07:40 PM 7/5/07, you wrote:
>> Regardless of Rob and Tom's comments, this happens all the time.
>> Jaguar and Chrysler are owned by Ford and BMW.
>> You can call them 'essentially brand names' of the parent,
>> or subsidiaries, or whatever you need.
>> The amount of their ultimate independence is to be determined.
>> Only sure thing is,
>> the Bean Counters will decide who gets the capital for new projects.
>> Regards,  Bob S.
>
> He said "Jaguar and Chrysler are owned by Ford *and* BMW.
>
> Although that's wrong; Chrysler is owned by DaimlerChrysler AG, not  
> BMW
> ... at least until Daimler can find some venture capital suckers to
> unload it on.
>
> BMW used to own Rover, until they sold it to Ford. (MG ended up being
> spun off to venture capitalists in the deal and eventually got sold to
> the Chinese).
>
> FWIW, if I remember correctly, Ford has recently announced Jaguar  
> is up
> for sale too.
>
> Wonder what the Chinese are going to do with MG?
>
>
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