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Old 07-05-2007, 11:57 PM   #15
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I think I heard on the radio that the Carlyle group is or is trying to by Chrsyler. Was that right?
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Old 07-06-2007, 11:49 AM   #16
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????

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Originally Posted by Goin camping
I think I heard on the radio that the Carlyle group is or is trying to by Chrsyler. Was that right?
Can anyone confirm this?

John
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Old 07-06-2007, 12:05 PM   #17
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Quote:
Originally Posted by TIMEMACHINE
Can anyone confirm this?

John
Just did a google search, and GM issued a press release on 6/28 that they were selling Allison to the Carlyle Group.
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Old 07-06-2007, 12:52 PM   #18
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Quote:
Originally Posted by TIMEMACHINE
Can anyone confirm this?

John
That company was called Cerberus. Here is the details
Daimler dumps*Chrysler on Cerberus, taking loss to do so - May. 14, 2007
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Old 07-06-2007, 12:59 PM   #19
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I read this in last weeks Washington Post.

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According to the terms of the deal, GM would keep an Allison plant at White Marsh, near Baltimore, which builds transmissions for pickup trucks and sport-utility vehicles, and gas-electric hybrid systems for trucks.
It looks like nothing will change in that market, at this time...
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