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GM in Talks to Buy Chrysler
February 17th, 2007 | Posted in: Competitors, Financial
By now we’ve all heard about DaimlerChrysler’s woes in terms of financial losses. Reports are now beginning to surface that GM may be in talks to buy the Chrysler division. As we’ve reported in a previous post, DC has already released a fleet of 20 lithium-battery powered PHEVs for a pilot program. There could be significant synergy in the development of the E-Flex system if GM buys Chrysler. There have also been reports about how GM hopes to be able to roll out the E-flex PHEV (Volt) on a worldwide level by fitting it to the already low cost high economy of scale Cobalt platform. Gm has said that that platform will physically receive the E-flex motor and batteries well.
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Posted by: Lyle
3 Responses to “GM in Talks to Buy Chrysler”
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February 17th, 2007 at 8:21 pm
Sounds like some pretty wild speculation…but it’s a nice thought. American manufactuers had better get moving. Toyota is supposedly planning on a big announcement for their “hybrid X” at the March Geneva car show. That could be a plug-in, or perhaps 90-some MPG Prius.
June 20th, 2007 at 1:33 pm
… or could it just be that they need to squash yet another successful ZEV project, by purchasing the assets of a promising project in order to keep it unsuccessful
July 7th, 2008 at 1:31 am
I hope this gets going. I won’t be buying anything but Electric Plug-in or Hydrogen or Solar run cars. Also are there Trucks upcoming? If they can run City Buses on Hydrogen then a Pickup shouldn’t be a problem.