Hyundai and Chrysler, Sitting In A Tree... Blog Post at Automotive.com
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Hyundai and Chrysler, Sitting In A Tree...

Posted February 20 2007 07:52 AM by Joel Arellano 
Filed under: Miscellaneous, Hyundai

First there was speculation that General Motors may be interested in acquiring Chrysler. Now it looks like Hyundai Motors Co. may be eyeing American’s third largest domestic automaker.



According to the Peninsula On-line, Hyundai is apparently interested in Chrysler’s dealership network. There has been no official confirmation--or denial--from the Korean automaker which continues to struggle with union issues as well as the conviction of Hyundai chairman Chung Mong-koo on embezzlement.

Other interested parties include some private equity firms and Chinese organizations.

Our take? Not very seriously. Hyundai’s problems would be compounded by acquiring Chrysler. Especially vexing would be the union issue which would box the automaker on both sides of the Pacific. (Pictured is the Hyundai Tiburon, which is spanish for 'shark'. Well, this predator's going to go hungry if it wants to take a bite of Chrysler.)


Additional articles:
GM and Chrysler and Ford. Say hello to Detroit 2
Hyundai Drive Hits Bump On Road To Success
Hyundai Strike Threatens November Sales Gains



Via Peninsula On-line



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