Korean automaker Hyundai may also be interested in purchasing Chrysler from DaimlerChrysler, if DCX decides to dump its American arm, according to new reports. Last week, most of the speculation was on a General Motors purchase of Chrysler Group, but now rumors are spreading of a pack of international suitors. Last week, DaimlerChrysler chairman Dieter Zetsche said JP Morgan had been brought in to review Chrysler’s future, saying “all options are on the table.”

Despite its pension deficit, incresing healthcare costs, aging factories and poor product mix, the main draw for Hyundai and other potential foreign buyers is Chrysler’s dealer network. With Hyundai’s big push in the U.S., the expanded dealer network will be a great asset for Hyundai’s growth.

Chrylser has more value than just its dealer network, but it would take a lot of work to reap the rewards. Hyundai has long wanted a full-size truck and the Dodge would be just the ticket. Chrysler’s minivans have been redesigned, and while Hyundai has its own minivan, the Chrysler van’s are the segment leaders.

While a Hyundai purchase of Chrysler makes more sense than a GM bid, it still may not make as much sense as some of the other potential international bidders, like China’s Chery and SAIC.

## Source: TimesOnline ##

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