Kayvan
GT Owner
- Jul 13, 2006
- 4,782
Empty, as always, you are right....
I guess the workers werent sure whether to smoke a french cigarette, drink wine or make a swede stag fillm during breaks:banana
Our companyDevonMotorworks bids on Viper
- Thread starter AJB
- Start date
Empty, as always, you are right....
I guess the workers werent sure whether to smoke a french cigarette, drink wine or make a swede stag fillm during breaks:banana
Empty Pockets
ex-GT Owner
I'm NOT always right! And I'll be the 1st to say so! But thanks for the bouquet anyway, sir! :biggrin :cheers
Things gone quiet. At last minute FIAT put the Connor Ave plant and the Assets of Viper (all of them) into the 'Good Asset" bin. (Viper had been in the 'Bad Asset' bin up to about last Thursday.)
On late Sunday nite, Bankrupcy Judge Gonzoles (sp) gave approval to the FIAT deal. We are not sure their intention. We are investigating. We do not think Fiat wants to build Vipers but possibly our offer got them to thinking it had 'some' value...
Will keep you posted...and if you guys hear anything from friends, Viper Club members....please let me know.
AJB (andy)
On late Sunday nite, Bankrupcy Judge Gonzoles (sp) gave approval to the FIAT deal. We are not sure their intention. We are investigating. We do not think Fiat wants to build Vipers but possibly our offer got them to thinking it had 'some' value...
Will keep you posted...and if you guys hear anything from friends, Viper Club members....please let me know.
AJB (andy)
H
HHGT
Guest
Andy, first and foremost I wish you luck with your endeavors and if I hear anything I will be sure to post or pm.
I am however perplexed by how a potential acquisition is being discussed on the open web. What about an NDA during the Due Diligence process? The reason I ask is driven mostly by curiosity. I tried to find "Open Source" info on your company tender and others but can not.
I am however perplexed by how a potential acquisition is being discussed on the open web. What about an NDA during the Due Diligence process? The reason I ask is driven mostly by curiosity. I tried to find "Open Source" info on your company tender and others but can not.
HHGT - as I stated in my first post, the only info that I summarized was what had become 'Public Domain' due to approx page 16 of the formal Bankrupcy proceedings. It was summarized in the WSJ by a good reporter who had dug thru all the records that were made PUBLIC by Judge Gonzales.
That is also why I did not answer any of the other detailed questions ..and I am sure many more to come.
We did have a NDA with Cerberus and we did not discuss any of those details. So, the only items I summarized was from Bankrupcy public domain. I wanted to share with my fellow GT and the Many Viper owners on the forum. As you probably also know on Friday May 29 FIAT put the Viper Assets into the 'good' vs 'bad' category (VIPER had been a 'bad ' asset for the past 9 months.) So when Gonzales approved the sale to FIAT on Sunday May 31 pm, it now includes VIPER. We have no idea what they plan to do with it but are monitoring carefully. I hope this all makes sense....
andy
That is also why I did not answer any of the other detailed questions ..and I am sure many more to come.
We did have a NDA with Cerberus and we did not discuss any of those details. So, the only items I summarized was from Bankrupcy public domain. I wanted to share with my fellow GT and the Many Viper owners on the forum. As you probably also know on Friday May 29 FIAT put the Viper Assets into the 'good' vs 'bad' category (VIPER had been a 'bad ' asset for the past 9 months.) So when Gonzales approved the sale to FIAT on Sunday May 31 pm, it now includes VIPER. We have no idea what they plan to do with it but are monitoring carefully. I hope this all makes sense....
andy
FrankBarba
Permanent Vacation
CAn you Answer this Question. The Vipers that are on the Line currently, waiting to be finished. If a Deal is done with Fiat will the Viper Carry the Fiat Banner since they will technically no longer be Dodge Vipers ?
Frank - from what I understand talking to Current Dodge Viper dealers, the vehicles on the line will still be badged 'Dodge Vipers'
But in this day and age and now with the Supreme Court of the United States involved, who knows.
It sounds to me like one of the cars on the line being built may be yours?
andy
But in this day and age and now with the Supreme Court of the United States involved, who knows.
It sounds to me like one of the cars on the line being built may be yours?
andy
FrankBarba
Permanent Vacation
Cobrar
GT Owner
News for the Viper Guys:
Nardelli says there was "no bidder" for Viper:
http://www.autoweek.com/article/20090610/VIDEONEWS/906109981
Nardelli says there was "no bidder" for Viper:
http://www.autoweek.com/article/20090610/VIDEONEWS/906109981
PL510*Jeff
Well-known member
His comments were corrected to: "there were no bidders since the bankruptcy filing, and the bids prior to the filing were not acceptable".
Looks like Viper will be having an Italian Connection soon.
Cobrar
GT Owner
Nardelli is such a 'credible' guy. I wonder where his resume is headed next. I wanna short that stock.....
Our Bids were fully credible...
Let me just state that:
1. Our bid was credible before bankrupcy and had approval up thru Lasorda we were told. We had solid funding. Killed by Nardelli we were told.
2. Our bid was credible after bankrupcy. We had the solid funding.
If you read the Autoweek interview with Scott or watch the attached Video it comes out that way.
andy (AJB)
Let me just state that:
1. Our bid was credible before bankrupcy and had approval up thru Lasorda we were told. We had solid funding. Killed by Nardelli we were told.
2. Our bid was credible after bankrupcy. We had the solid funding.
If you read the Autoweek interview with Scott or watch the attached Video it comes out that way.
andy (AJB)
PL510*Jeff
Well-known member
Empty Pockets
ex-GT Owner
Kirby Vieira
GT Owner/B.o.D
+1, except he's positioned himself for an important government position in Washington.
Page 8 of the 6/15 Autoweek features a story summarizing much of what has been said here, except it fails to mention after Boob Nardelli almost single-handedly ruined the Home Depot Empire and walked with the biggest severance in the history of incompetence and thievery, he went to Chrysler to prove he hadn't lost his touch with the incompetence part.:cheers
Simms
Member
Any chance you guys can purchase it from Fiat? Sadly, I assume they are just going to squash the Viper.
Empty Pockets
ex-GT Owner
skyrex
FORD GT OWNER
I am thinking that either they think they can get a better price for "Viper" once they stabilize the company or they realize how important it is to have the perception that you have a true sports car to put in the magazines for the trickle down effect it has to the other models sales. Tell me the average joe doesn't drool over the Viper while he is buying his mini-van or sedan.
Triheart7
GT Owner
I think they are crazy if the car company forgets that the fantasy or "drool" factor exists.