WSJ reports a 35 million dollar bid for the Viper brand by Joseph Moch Sr, and Joseph Moch Jr. Anyoone know what's up with that?
Article - WSJ.com
Article - WSJ.com
$35Million bid for Viper Brand
- Thread starter Brentt
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dave6666
Enthusiast
Never heard of them. Maybe some Powerball winners? 
sdaddy
Enthusiast
Attorneys and vintage car racers from Grand Rapids, MI.
94RT10Ohio
Enthusiast
That is interesting they did not disclose it. Then again how did it leak out? The buyers leak it? I seem to recall someone captured a bigfoot about a year ago as well 
Chrysler is not going to keep Viper in production after the "new chrysler" is made. Why would they pass at the chance to let it live on??
I guess some possibilites....
They never want to see another Viper (one without a Dodge logo)
The new owners were not American and did not want that on their hands
Dunno.....
Chrysler is not going to keep Viper in production after the "new chrysler" is made. Why would they pass at the chance to let it live on??
I guess some possibilites....
They never want to see another Viper (one without a Dodge logo)
The new owners were not American and did not want that on their hands
Dunno.....
94RT10Ohio
Enthusiast
OK, guess one of my reasons would be out the window with that post above
It looks like the current bid is $5.5 million by Scott Devon, owner of cole's quality foods and Devon motorworks. I don't know, but $5.5 mil seems like a bargain. I would think the ability to sell parts alone would be worth the price.
I assume they would only want to buy the name and leave the debt and liabilities to Chrysler, but what about sold orders and the cars currently under production? And will there be a forced sale of assets?
I assume they would only want to buy the name and leave the debt and liabilities to Chrysler, but what about sold orders and the cars currently under production? And will there be a forced sale of assets?
pocketAA
Enthusiast
What do you guys think will happen to the availability of parts for our cars? I mean, I would think this is going to drastically increase the price for parts and trying to find parts in the future will be very difficult. I would really love to get a GTS but I am a little hesitant b/c of what is going on. Any insight.
HorusRa
Enthusiast
Chrysler wound never let it go for that little money anyway!
The Viper to some extent is a parts-bin car....brake systems,transmissions,Dana rears,electrical systems (window motors,activation systems) are found in other cars....the body components are the only concern. There are enought donor parts around to keep availability high for quite some time.
Someone will probably buy all of the existing inventory and parts and sell them off, kind of like what happened with Delorean. It's also possible the bankruptcy judge could order a sale of assets, and we could see all of the inventory auctioned off. In either case, parts will be available, but probably a little pricey. Eventually, the aftermarket people may step in and the parts will be made overseas which could bring prices down. The only problem with this is, the viper is such a low production car, it may not be worth it. It's also possible in the future the Viper will reach Cobra status and the kit car companies will reproducing our cars and parts. It's anyones guess, but I think in 10 years we will see a viper sell for $1 million dollars, and it probably won't be a new one!
slaughterj
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All prior information I've seen was that the $5.5 million bid was for the CAAP facility, and not anything else Viper-related. In comparison, the $35 million bid was for the Viper production and CAAP too IIRC.
Guys i think it all goes a little deeper-further than the above(PAST HISTORY) as the Gen 4s did not sell well (dealers have been sitting on certain new cars for 17-18 months )so ANY consideration to buy the VIPER BRAND MUST include the production of the Gen 5 which the R&D has already been done for.
ASPIRATIONS
Enthusiast
It done YEARS in advance .Take the Ford GT for example first model year was 2005 yet MUCH of the R&D was done by 2003 Coletti actually purchased 2002 360S to benchmark with .Bad,
How did you come to find out that R&D is complete for a GEN.5 Viper
CRAPPY!!!!
GTSnake
Enthusiast
It doesn't necessarily mean that they've been working on it. Since they were not going to build it after the '09MY due to pending new crash standards I'm sure all development was either slowed or stopped.
The work is done and has been for some time.Look at it like this in a few months the Gen 4 motor design is 3 years old and the body style ect dates back to 2003 .If they started the R&D today ITS 3-4 YEARS AWAY from being produced whick is equal to 2013-2014. As i posted previously it takes many years to develop a new model =if it isnot done there is no Gen 5.
At a sticker price ALREADY in mid 90s whats the difference of a few grand?
94RT10Ohio
Enthusiast
You must, you have over 5K posts.....
sdaddy
Enthusiast
Fiat owns controlling interest in Ferrari and Maserati too, I believe. Chrysler will kill off Viper as a part of the Fiat deal. Fiat does not need another high performance brand or the competition.
Martin
Enthusiast
With the government-backed Fiat purchase, and the fact that the courts seem to be setting all kinds of previously-impossible legal precedents these days, it wouldn't surprise me to see crash test standards relaxed in a big way. Just think - how much would it cost to make those tiny Fiat 500's pass the crash tests? I'd think that the feds would be very agreeable when manufacturers start crying about how hard it is to hit CAFE standards and still meet crash test guidelines...
I believe the auto makers know of the govt standards YEARS in advance.In reference to the Ford GT Ford knew the car could not pass the Govt Standards (rear end )mandated in 2007 way back when the R&D WAS DONE in the early 2000s thet were content with only a two year run.
