References - Automotive

As the maxim goes, it is better to leave no stone unturned. This is why Chrysler Group’s suitors are reaching out to some of the biggest auto dealers in the nation to gain even more crucial insight in

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

to the automaker and the marketplace.

Bidders have contacted public traded dealership chains including Lithia Motors Inc., the AutoNation Inc. and Group 1 Automotive Inc. Further, some privately owne

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

d dealers also have been contacted.

Medford, Ore.-based Lithia CEO Sid DeBoer said that he has spoken with one of the private-equity groups eyeing Chrysler which he declined to disclose the name. The

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

conversation concentrated on Chrysler's vehicle lineup and the future of the American auto market. "They have sought opinions about product lines and things like that from some dealer groups," DeBoer

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

said.

The suitors seeking to acquire the American arm of Chrysler from DaimlerChrysler AG include the private equity team of Blackstone Group and Centerbridge Partners, and the Wall Street firm Cerb

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

erus Capital Management and the Canadian supplier Magna International Inc. DaimlerChrysler executive Rudiger Grude is scheduled to meet with the representatives of those parties in New York this week.

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

The Tracinda, Kirk Kerkorian's investment company, has given a proposed $4.5 billion bid for the ailing automaker. Fort Lauderdale, Fla.-based AutoNation, the largest dealer chain in the United Stat

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

es with 30 Chrysler locations, has had a "series of conversations with a couple of big private equity groups" interested in Chrysler, said the President and the Chief Operating Officer Mike Maroone.

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

"They were interested in our point of view on a number of issues - products, the dealer network, the health of the industry," Maroone added. "We talked about broad issues, not behind-the-scenes stuff

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

- our view of the market." Maroone said AutoNation emphasized that it believes the industry needs to take a more customer-focused approach to building and selling cars and adopt a more rational pricin

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

approach.

The Blackstone/Centerbridge team has spoken with Houston-based Group 1 Automotive's CEO Earl Hesterburg in the past few weeks. This information was given by individuals familiar with the d

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

iscussions. Group 1 spokesman Pete DeLongchamps said that he was unaware of any conversations. Lithia's DeBoer, who took over the family business in 1968 after his father died, said that he is not sur

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

prised that potential buyers have begun to contact dealers. Lithia has more than 35 Chrysler, Jeep and Dodge retail outlets. "We have no idea as a dealer what a manufacturing company should do or who

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

should own it or how they should go about it," he said.

"But we do know what sells and what has a lot of potential," DeBoer said. He added he would prefer that Chrysler stay with DaimlerChrysler. "Th

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ey have tremendous synergy in many of the products," he said. "I just don't believe it's the right thing for the German company or Chrysler."

Every option is weighed and considered. And it is possibl

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

e that a private equity would break up and sell Chrysler. Hence, the efficiency likened to that of EBC Active Brakes Direct could also be resorted when making decisions especially if it concerns the f

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

uture of lots of workers.

"I don't think anybody could do that and get value. I don't think that's the risk," DeBoer said. "I think no matter who owns it whether it's Daimler, Cerberus, Blackstone or

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

Magna, they all have to do the same thing - reorganize the cost structure, make good product choices and run a company. "Jeep brand is a wonderful brand. Dodge has got a great name in its own way. Ch

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

rysler isn't damaged by any means, there's just a lot there," he said.

Some dealers of Daimler’s American arm said potential buyers should gather information from Chrysler, Jeep and Dodge retailers o

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

f all sizes. "To get a perspective and good due diligence, it would be probably best for them to talk to as many varying size dealers," said John Schenden, the owner of the Pro Chrysler-Jeep in Denver

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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