Detroit Diesel/MB RAM?????????

[Archive]

Look at this press release from DC

DAIMLERCHRYSLER


For Release

Thursday, July 20, 2000

DaimlerChrysler Communications
CIMS 485-06-48
1000 Chrysler Drive
Auburn Hills, MI 48326-2766 (USA)

DaimlerChrysler AG Agrees to Acquire 100 Percent of Detroit Diesel's Outstanding
Stock

Acquisition will create the leading manufacturer of heavy and medium-duty on-highway
Diesel engines
Strong synergies expected to result


Stuttgart/Redford, MI --
DaimlerChrysler AG announced today that it has entered into a definitive acquisition agreement to acquire 100% of
Detroit Diesel Corporation (DDC). DaimlerChrysler currently owns 21. 3%, of this leading manufacturer of diesel
engines for on-highway, off-highway and automotive applications. The transaction will be accomplished by a cash
tender offer by DaimlerChrysler at $23 per share. The agreed purchase price for the outstanding 78. 7% of DDC
amounts to approximately $ 423 Million. Penske Corporation, Detroit Diesel's major shareholder owns 48. 6% of the
outstanding shares, has agreed to tender its shares in the offer. The acquisition includes all on-highway, off-highway,
automotive and parts and remanufacturing activities of DDC.

"With the acquisition of this highly respected and internationally recognized diesel engine manufacturer,
DaimlerChrysler has further enhanced and consolidated its global market position. While acknowledged as the
number one commercial vehicle producer worldwide, we are also now the new lead manufacturer of heavy and
medium duty on-highway diesel engines in the world", said Juergen Schrempp, Chairman of DaimlerChrysler.

"In the worldwide truck market, the engine is one of the most important competitive elements in terms of customers'
economic requirements and in order to meet emission standards. Therefore, this step continues DaimlerChrysler's
strategy of building its worldwide leadership in diesel engines and enables us to offer an integrated truck product in
every major market across the globe", added Dieter Zetsche, board member of DaimlerChrysler responsible for
commercial vehicles.

Due to the strong loyalty of U. S. truck customers to engine brands, this acquisition provides significant advantages by
combining DDC-engines with Mercedes-Benz diesel engines. The MTU-Friedrichshafen (MTU-F), DaimlerChrysler
off-road diesel engine manufacturer who also has a long standing relationship with DDC, in developing and distributing
engines, will also benefit from this new entity. MTU-F and DDC currently sell each other's engines in their respective
geographical regions and have jointly developed the 2000 and 4000 series diesel engines.

The on- and off-highway engine businesses of PTU (Powertrain Unit of DaimlerChrysler), DDC and MTU-F will be
integrated worldwide under the umbrella of the Commercial Vehicles Division of DaimlerChrysler. This new business
unit will represent a total component business volume of approximately $ 7 billion per annum, and will result in
DaimlerChrysler becoming the world's leading manufacturer of diesel engines for medium and heavy-duty trucks.

The current DDC brand named products will continue to be offered broadly in the world marketplace.

Roger S. Penske, Chairman, said, "This transaction is an important step in the continued growth of DDC. As we look
at the competitive environment, and the consolidation activity occurring within our industry, this merger will provide
strength and stability for DDC in the future. The management team of DDC, including myself, remain committed to
DDC and its continued success. We also see this as a tremendous opportunity for our employees and customers to
be more closely associated with a company as innovative and customer-focused as DaimlerChrysler. "

DaimlerChrysler and Detroit Diesel will benefit from cost savings based on synergies and economies of scale
achieved through further enhanced research and development, greater purchasing power, increased manufacturing
efficiencies and administrative savings.

As part of the proposed acquisition, DaimlerChrysler acquires Detroit Diesel's headquarters and engine plant in
Redford, MI, as well as other operations across the globe. Across the globe, Detroit Diesel sold nearly 167,000 units in
1999, with revenues of $2. 359 billion.

The proposed acquisition is subject to customary conditions, including approval by the governmental authorities of the
U. S. and the European Union. It is anticipated that the transaction, which will include a merger to ensure 100%
ownership of DDC, will be completed by the fall of 2000.

DDC, incorporated in 1987, is an international leader in diesel engines for on- and off-highway applications. The
company offers engines from 22 to 11,000 horsepower for the on-highway, off-road (including power generation) and
automotive markets through a worldwide network of more than 2,700 authorized distributor and dealer locations. It
designs, manufactures, markets, services and provides after market and remanufactured diesel and alternative fuel
engines.

DaimlerChrysler AG is the world's leading manufacturer of commercial vehicles with the brands Mercedes-Benz,
Freightliner, Sterling, Setra and Thomas Built Buses.

Investors and security holders are strongly advised to read both the tender offer statement and the solicitation/recommendations statement
regarding the tender offer referred to in this press release, when they become available because they will contain important information. The
tender offer statement will be filed by DaimlerChrysler with the Securities and Exchange Commission (SEC), and the solicitation/recommendation
statement will be filed by Detroit Diesel with the SEC. Investors and security holders may obtain a free copy of these statements (when
available) and other documents filed by DaimlerChrysler and Detroit Diesel at the SEC's website at www.sec.gov. The tender offer statement
and related materials may be obtained for free by directing such requests to DaimlerChrysler North America Holding Company. The
solicitation/recommendation statement and such other documents may be obtained by directing such requests to Detroit Diesel Corporation.
- ### -

 

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News on Wall Street is that Cummins Corp. is also ripe for a buyout because of their smaller size and good profits. Perhaps one of the auto manufacturers will buy them too.

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Ron

'96 Club Cab 2500 4x4, 4:10LS, Auto, BD Pressure Loc, Mystery Switch,TST 230/605, Cummins Chrome, Mag-Hytec rear and trans covers, Boost, Pyro and trans gauges, Optima Red Tops, All black. Tow 14k HitchHiker triple glide 5th Whl. Also use 9. 5' Lance. NRA Life Member.

 

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Maybe we will get that sweet 6. 5 turbo diesel in the redesign ram.

 

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Hopefully the Dakota will get that Delta engine now, I could only wish for a diesel in a Jeep

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BLACK BEAST: 2K1 QC, SWB, Auto, 4X4, 4. 10 LSD, SLT, Black, Camel leather, Tow pckg, nv241HD, cab lights, 2 inch daystar coil spacers, 35 inch Mickey thompson claws, bushwacker flares, rhino lined bed and rocker panels.

soon to come;Auto transmission upgrades and some Bombing to outrun the durrmacks and pSd's

GREEN MACHINE: 93 Jeep Wrangler 4. 0L, T-18, 38X11 Boggers, Dana 44's, AtlasII T-case, ARB's, warn and moser shafts, Ramsey 5K winch... . NEEDS A DIESEL!!!!!!

 

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Here's a copy of the info. posted by DMAX on the GM Diesel Page. I guess we can start talking about having a Detroit Diesel in the new RAM, LOL.

DaimlerChrysler to Buy Detroit Diesel for $423 Mln (Update1)
Stuttgart, Germany, July 20 (Bloomberg) -- DaimlerChrysler AG, the world's largest commercial truckmaker, said it agreed to buy the shares of
Detroit Diesel Corp. that it doesn't already own for about $423 million, creating the world's largest maker of medium- and heavy-duty diesel truck
engines.

DaimlerChrysler will pay $23 a share for about 18. 1 million shares of Detroit Diesel stock, a premium of 30 percent above Tuesday's closing price.
Detroit Diesel shares rose 21 percent yesterday.

It's the second acquisition in as many days for the German car and truck company, which acquired Canada's Western Star Trucks yesterday for
$454 million. DaimlerChrysler owns 21. 3 percent of Detroit Diesel, and wants to cut production and development costs for engines that power its
Mercedes and Freightliner trucks.

``It was always in the cards'' that they would acquire the rest of Detroit Diesel, said Pete Kelly, a J. D. Power-LMC analyst in Oxford, England. ``This
will allow them to reduce costs of developing new engines quite quickly. ''

DaimlerChrysler is currently the world's No. 2 maker of high- power diesel engines.

Detroit Diesel

Detroit Diesel's chairman is Roger Penske, a former race car driver. The company was formed from the diesel engine business that General Motors
Corp. disposed of. Its shares have declined 11 percent this year amid investor concern about slowing North American heavy-duty truck production.

DaimlerChrysler shares rose as much as 1. 43 euros, or 2. 4 percent, to 61. 35 euros in Frankfurt today. Detroit Diesel shares rose 3 3/4, or 21 percent,
to 21 3/8 yesterday.

 

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This is the Daimler part of DaimlerChrysler that bought Detroit diesle not the Chrysler part. These engines are for the over the road trucks,(Freightliner) not our Rams. Same with the MB engine. So it is still Cummins for our Rams. #ad


Don

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"The Shadow" 2001 Dodge Ram SLT 2500 QC 5spd 3. 55lsd, Short Bed, Sport, Black, Camel/Tan Interior, Trailer tow package, Camper package, Infinity sound, VanAakan CPC, DD Boost Module and Elbow, Pacbrake. Towing a 27ft Dutchman 5th wheel w/slide.

Member Great Lakes TDR

NRA Member.

 

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As 6bbl just pointed out, this could be the harbinger of more bad news. I'm really depressed now. The beancounters will now have an American source for cost-cutter diesels, plenty of engine building capacity now that even Chevy has given up on the Detroit piece of junk, and a clear way to send us away from Dodge showrooms. Where can we go? If this happens, no one will be using a premium engine in pickups anymore. After bringing on two wars in this century that they lost, the Germans may be bringing on a way to lose the entire diesel pickup market. Their grade point average will be the same as Blutarsky's on Animal House: 0. 0

 

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Last months 4x4 magazine (can't remember if it was Peterson or 4 Wheeler) had a picture and brief stroy of the Dodge Dakota with a Detroit Diesel engine. I think it is currently offered overseas. Makes you think. Maybe if we are real lucky we could have a 6. 5 V-8 Turbodiesel. Cross your fingers; LOL.

 

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Hey guys,

D-C can use the Detroit Series 30 engine in our trucks. You know which engine that is? Yep, you guessed it. It's the Navistar 444 which is the same as the Ford PSD!!! Detroit Diesel buys it from Navistar and calls it the Series 30.

Detroit Diesel also buys the Navistar DT466 and DT530, which are two of the best medium duty truck engines made. These engines are called the Series 40. The are inline 6 cylinder,turbocharged, intercooled, with replaceable wet cylinder liners just like the Cummins C Series. Just too bad they are like the C Series--too heavy and too expensive to manufacture to put in a pickup truck.

Bill

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Y2K 3500QC, 6 Speed, 4. 10, SLT+, Camper & Tow Pkg. , Westin Chrome Nerf Bars, Mopar Flaps, Reese 20K Hitch, V-A CPC, EGT & Boost Gauges, RPM 45 Gallon Aux. Fuel Tank, Highway Products 5th Wheel Toolbox, ECM Controlled PacBrake, Painless Wiring Kit, Mag-Hytec Diff. Cover, 80% Towing Hitchhiker II 31', 2 slideouts, 19,750 GCW

 

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Bill, you mentioned the two biggest problems--cost and weight. The innovateive Cummins design using 40% fewer parts probably helped them meet cost considerations for Dodge. They use aluminum in non-critical areas to save weight and the B is 2-4 hundred pounds lighter than competitive engines. This helps with the light duty truck suspension systems. I suspect one reason the Cat rumors for GM fell through is the weight of the Cat. Perhaps that is why the I-scru-zu (sp?) engine uses aluminum heads. #ad
Perhaps the Cat with traditional manufacturing methods (and weight), combined with the expensive HEUI injection, was not cost competitive for GM.

I hope that when I am ready to buy another new diesel pickup there will be something worth buying.

 

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"Freightliner will offer two displacements and numerous ratings for the MBE900. A 6. 4-liter, in-line, 6-cylinder MBE900 engine is available immediately, while a 4. 3-liter, in-line 4-cylinder version will be available later in the year. The 6-cylinder is rated from 190 to 300 horsepower with peak torque of 860 lb. ft. @ 1250 rpm. The 4-cylinder offers ratings from 150 to 190 hp with up to 520 lb. ft. torque. "
This is some data on the new mercedes engines from Power Trane. I had found a list of their engines before but don't rember where. Now that they have bought out Detroit they have a place in the USA ot build the new engines. Who wants to have an engine in your truck named after the founders daughter.
The Detroit diesels wer being used in South America, Europe and I believe Mexico they weren't used in the USA because they couldn't meet emission standards. The MBE900 6. 4 does, going into Freinghtliner's fl60, fl70 maybe fl80.
Cummins still sells alot of diesels especially in the USA 50% market is what I read. They own a big market over seas for diesels being used as generators, pumps, tractors and truck engines.

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Missouri Mule 96 White 4X4 ST club cab,(grey int. ),5 spd, 3. 54 reg dif, 8 ft bed, 1 ft high cheater boards, front and side of bed,Pofile V bug shield,
99 Freight liner FL60 blue Cummins 24v 215 hp, 520 torgue,6 spd 3. 59 no spin rear, 16 ft dry box (white) 19. 5 low profile tires,Weight 11,000, gvw 23000, 11 to 12 mpg
Bill Thomas (Wild Bill)

 

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This a chart I found on the New Mercedes Diesels. Soon to have Detroit Deisel name badge?? The MBE900 weighs in around a 1000lbs I believe. The Freightliner site has more info on this engine now. Under FL60 to FL70 med trucks, then engines or products.
Something else intetresting I saw but didn't check out Fl30 to Fl50 trucks. I go back and check it out who know maybe Dc will drop the Ram all together.
Still prefer Cummins Dc would be crazy to get rid of it.
Here is a chart For the MBE0900
Model Cylinders Displacement HP @ RPM Torque(Lb-Ft)
@ RPM Governed RPM
MBE900-150 4/in-line 4. 3L 150 @ 2300 380 @1400 2500
MBE900-170 4/in-line 4. 3L 170 @ 2300 420 @ 1200 2500
MBE900-190 4/in-line 4. 3L 190 @ 2300 520 @ 1200 2500

MBE900-190H 6/in-line 6. 4L 190 @ 2300 520 @ 1200 2500
MBE900-210 6/in-line 6. 4L 210 @ 2300 520 @ 1200 2500
MBE900-210H 6/in-line 6. 4L 210 @ 2300 605 @ 1200 2500
MBE900-230 6/in-line 6. 4L 230 @ 2300 660 @ 1200 2500
MBE900-250 6/in-line 6. 4L 250 @ 2300 660 @ 1200 2500
MBE900-260 6/in-line 6. 4L 260 @ 2300 700 @ 1200 2500
MBE900-280 6/in-line 6. 4L 280 @ 2300 800 @ 1250 2500
MBE900-300* 6/in-line 6. 4L 300 @ 2300 860 @ 1400 2500

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Missouri Mule 96 White 4X4 ST club cab,(grey int. ),5 spd, 3. 54 reg dif, 8 ft bed, 1 ft high cheater boards, front and side of bed,Pofile V bug shield,
99 Freight liner FL60 blue Cummins 24v 215 hp, 520 torgue,6 spd 3. 59 no spin rear, 16 ft dry box (white) 19. 5 low profile tires,Weight 11,000, gvw 23000, 11 to 12 mpg
Bill Thomas (Wild Bill)

 

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The fl30 to fl50 was actually class 3 to class 7 chasis, for buses, motorhomes...
Med duty trucks were class 5 to class 7(Fl50, FL60 and Fl70)

 

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You guys depress me with all this talk of change. If they ever get rid of that cummins (ol' faithful) I will just run the one I got til it just wont go no more and then I'll just buy a stinkin Mack maxiliner or sumthing! cuz the only other vehicle that even holds a candle to the cummins ram is a semi. Sorry! just my moment of rantin 'n' ravin

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'93 250 LE 4x4 5spd 4:10 Pwr win/loc/mir,cruise, 2-10" kickers/amp, strait piped 4", fuel pump cranked.

 

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Originally posted by Missouri Mule:
... The MBE900 weighs in around a 1000lbs I believe...

Actually, almost 1200 pounds according to this:

www.freightlinertrucks.com/components/mbe900_300. asp

 

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Latest rumor on the next Ram diesel:

Detroit is allegedly working on a V8 version of the new DELTA V6. It would be smaller than the Powerstroke and Duramax, but match the power output of both, which would mean 300+ hp and 520+ lb-ft.

Now considering the Allison 1000 has already appeared on dealer memos, this could mean that the 2003 Ram could have an "all-GM" driveline:

- Detroit Diesel DELTA V8 (former GM division)
- Allison 1000 automatic (current GM division)
- American Axle and Mfg axles (former GM division)

Spooky thought...

[This message has been edited by KCJackson (edited 08-13-2000). ]

 

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Damn a friggin' V-8!!!!! #ad
We need and want a REAL truck engine--Inline six!! Not a V-6 or V-8!! They are SCREWING UP if they dump the Cummins for a cheesie V-8 Detroit or underpowered MB!!

 

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I am for the Cummins/Ram combo. We all ready have the best no reason to try the rest.
I like to know the figures on how many MB engines are being sold in the Freightliners since they became their standard engine for med duty trucks?

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Missouri Mule 96 White 4X4 ST club cab,(grey int. ),5 spd, 3. 54 reg dif, 8 ft bed, 1 ft high cheater boards, front and side of bed,Pofile V bug shield,
99 Freight liner FL60 blue Cummins 24v 215 hp, 520 torgue,6 spd 3. 59 no spin rear, 16 ft dry box (white) 19. 5 low profile tires,Weight 11,000, gvw 23000, 11 to 12 mpg
Bill Thomas (Wild Bill)

 

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We run the detroit's in our trucks at work and they have a terrible rep for crappy fuel economy. They are the 2 strokers 6v/8v 91's and although they rev and take it to the road on the flats, they seem to poop out on any hills. I talked to a big rig diesel mech yesterday and he is of the mind that the Cummins and Cats are two of the finest on the planet. I'm not planning to cycle my truck out in 10 or so years-it's staying right here with what ever rebuilding is necessary to keep it pulling hard. (in 600k or so). Any other power plant in a Dodge is no relative nor neighbor to our trucks. They just don't matter. #ad


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98 qc, 4x4, slt laramie, 3:54 ls diff, 2YG pkg, Kelsey trailer brake control, dodge running boards, diamond plate bed rails, silencer ring wind chime on porch, Raven cab-hi camper shell, psychotty air system, T/C lock-up switch, guages next

 

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Heetseeker is right about the V8 Detroits you never had to change oil, it just fell out the bottom... I drove a T600 Kenworth with a straight 6 Series 60 motor... When introduced in the late 80's, it set a new standard for the trucking industry. It made more power with less displacement and got tons more mpg. 12. 7 litres, twin cams, 4 valve heads, and a Penske-racing inspired electronic engine managment system. Instead of 5-7mpg @ 80,000lbs, drivers were getting 10-12 saving the freight companies millions in fuel expenses. Every other engine company was now playing catch-up. Penske signed a deal with Freightliner to make the Series 60 the "standard engine", the company's books went from red to black and all was well! Cat and Cummins had to come up with new electronics, heads, and something better than the other guy to stay in the game. Needless to say, all three brands are very similar today... but it was Roger Penske's far sightedness that can be credited with our modern diesel motors!

[This message has been edited by BCFAST (edited 08-17-2000). ]