What if Magna bought Chrysler?

[the_yellow_dart]

There is speculation in the greater Toronto media, starting yesterday, that Mississauga, Ontario based parts supplier Magna is looking at buying Chrysler. The reaction in the lunch room here was largely that people would consider Chrysler again, if it were Canadian, and especially if it were based in the GTA (greater Toronto).

What would your reaction be to a Canadian owned Chrysler?

How would the UAW respond?

[Dragon]

they're based in aurora, not Sauga.

as I said in other threads, I'd be for it for mostly patriotic reasons. But seeing as they have experience building Chryslers & Jeeps in Austria, and they've made a lot of parts for them (most of my projects at my last job for Magna subsidiaries were for Chrysler programs), it could be a good fit.

That being said, they might be shooting themselves in the foot when it comes to their parts business with other companies, though other parts manufacturers would thrive.

I guess in theory they could bring all their parts manufacturing in house to a)cut out the middle man to lower costs and b)make up for business lost when other automakers stop makin their parts through Magna.

[Intrepidation]

I'd be for that. Better than GM owning Chrysler.

[Dragon]

i'm sure Belinda would be all over supporting environmental legislation regarding toughening emissions laws if daddy bought Chrysler

EDIT:

REFERENCE: For our american friends, the daughter of Magna's owner, Belinda Stronach, is a member of our parliament

Edited February 28, 2007 by Dragon

[FUTURE_OF_GM]

I would support that.

Anything to save Chrysler and not save it by sawing it up into little bitty pieces and selling the assets.

[FAPTurbo]

Mwahahahahahaha!

Another American company could fall to Canada. The plan is going perfectly! >: D

(Is there an evil 'fast hands' emoticon I could use?)

Edited February 28, 2007 by Captainbooyah

[Dragon]

I'm not so sure I'd be for this... it might mean Belinda Stronach may be called to manage all or a portion of the company...

why is that bad?

didn't she do a good job running Magna before? Plus it would get her outta politics...well, at least as an MP

[AxelTheRed]

If it keeps Chrysler around, I'm for it. However, I wonder if Chrysler will end up being an American subsidiary of Magna (like it was with Daimler-Benz) or a Canadian automaker.

[Intrepidation]

At least you could still call it "American"

[Croc]

It would be neat for this to happen...finally, Canadians doing something ballsy. Props to Magna if this goes through.

[I hope GMRULES again]

I'd be for it and would rather see Magna buy them instead of GM and Canada would have their first auto company and maybe they can add some special editions like a Charger EH or Caliber ICE.

[the_yellow_dart]

I'd be for it and would rather see Magna buy them instead of GM and Canada would have their first auto company and maybe they can add some special editions like a Charger EH or Caliber ICE.

Ford was stupid enough to release SEL versions of their cars in Canada. sel = salt (french). Yes, do you have any Taurus SALTs in today? Stupid...

Canada would have their first auto company, eh? :AH-HA_wink:

I know they were based in Flint, but Buick and Chevrolet were both helped in the early days by McLaughlin, a Canadian manufacturer.

http://www.gmcanada.com/inm/gmcanada/engli..._gm_canada.html

[Robert Hall]

Ford was stupid enough to release SEL versions of their cars in Canada. sel = salt (french). Yes, do you have any Taurus SALTs in today? Stupid...

Ford stole the SEL trim name from Mercedes..

[Sixty8panther]

Sure I got nothing against the Cannucks.

I bet the Chrysler 300C & Viper will post much less impressive

perf. numbers with square wheels though.

[AxelTheRed]

Ford was stupid enough to release SEL versions of their cars in Canada. sel = salt (french). Yes, do you have any Taurus SALTs in today? Stupid...

Canada would have their first auto company, eh? :AH-HA_wink:

I know they were based in Flint, but Buick and Chevrolet were both helped in the early days by McLaughlin, a Canadian manufacturer.

http://www.gmcanada.com/inm/gmcanada/engli..._gm_canada.html

Good ol' Flint. I wish it was like it was instead of like it is.

[NOS2006]

Does Magna make Magnaflow exhausts?

[the_yellow_dart]

Does Magna make Magnaflow exhausts?

No. Magnaflow is American.

magna from wikipedia

Magna International Inc. TSX: MG is a Canadian company based in Aurora, Ontario. It is Canada's largest automobile parts manufacturer, and one of the country's largest companies. It also owns the successful Magna Steyr automobile production company of Austria.

The company was founded in 1957 by Frank Stronach as Multimatic. This company merged with Magna Electronics in 1969, and the combined company became Magna International in 1973.

Magna manufactures auto parts that are primarily supplied to General Motors, Ford Motor Company, and Chrysler Group of Daimler-Chrysler. In addition to the Big 3 automakers, Magna's major customers include Volkswagen, BMW and Toyota. In Europe, Magna Steyr holds contracts for the assembly of the Jeep Grand Cherokee, Chrysler Voyager minivan and BMW X3 SUV. Magna has a relativelely minimal presence in Asia.

[vrazzhledazzle]

I fully support that.

Canada is pretty close to America.

1000 better than GM buying them

1,000,000x better than China

[FAPTurbo]

It would be neat for this to happen...finally, Canadians doing something ballsy. Props to Magna if this goes through.

We do plenty of awesome stuff. *Cough* Blackberry *Cough*

Plus, we Canadian s make great TV too! 'Red Green Show' anyone? Or Perhaps 'Trailer Park Boys'

We also have a famous cartoon duo too!

[ZL-1]

[Dragon]

Sure I got nothing against the Cannucks.

I bet the Chrysler 300C & Viper will post much less impressive

perf. numbers with square wheels though.

don't forget the conversion rate too

hmmm...Magna Magnum?

Edited March 1, 2007 by Dragon

[FAPTurbo]

Two South Park references in a thread about Canada.

Who'da thunk it.