what if chrysler and GM merge ?
DETROIT — General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big Two. and it looks like there a 50/50 chance it could happen .
but i personaly think a Ford and Chrysler merger in a better bet .
http://www.nytimes.com/2008/10/11/bu...43&oref=slogin
You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail
HOW DARE YOU SAY SUCH THINGS!!!!Originally Posted by renovation
Go wash your mouth out with gear oil...
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yeah, really Ford and GM would be a better merger. Chrysler is an albatross.
Either way, it's pretty clear the Big 3 won't be the Big 3 for much longer.
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woah...ford and gm? that's like dogs and cats sleeping together
then again, we're talking about badass dogs and cats
i actually do like chrysler. albeit i liked them better when there was a plymouth.
say "hi" to lumbergh for me
Neither one has anything to offer to the other, except debt.
ponies
say "hi" to lumbergh for me
Acquisition I could see working. Merger? Those 2 companies operate pretty differently, and I envision a lot of infighting & bad decisions going on.
With G.M. burning through cash and auto sales sinking to historic lows, Mr. Wagoner is pushing hard for a merger with Chrysler — in talks reported in The New York Times a week ago — after testing the waters for a similar deal with the Ford Motor Company.
The fact that Mr. Wagoner is even considering a merger with one of his cross-town rivals illustrates G.M.’s precarious state.
Mr. Wagoner, G.M.’s chief executive since 2000 and the chairman since 2003, has not granted interviews since the Chrysler talks were revealed. But Mr. Wagoner and G.M.’s president, Frederick A. Henderson, are convinced that the automaker is in dire need of the cash, additional revenue and cost savings that a merger could provide, according to several people with knowledge of the talks.
The merger discussions, intended to be private, are gaining momentum as both sides want to reach an agreement within the next two to three weeks, according to people briefed on the discussions.
Financial institutions that hold Chrysler debt, including JPMorgan Chase and Goldman Sachs, are pressing Cerberus Capital Management, which owns Chrysler, to sell the automaker, these people said.
per the new york times .not sure you get to read this link - http://www.nytimes.com/2008/10/17/bu...EXCITE&ei=5043
my question is if there is a merger .will the famed Chrysler Star be above or below the GM tag on cars produced ?
Last edited by renovation; 10-16-2008 at 08:55 PM.
You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail
local news here is saying that the merger is going to happen and very soon. and if you work for Chrysler your job is the one that will be in Jeopardy!
You could pick up Lindsay Lohan for less than a intel 990x, and still have money left over to bail her outta jail
I've heard very similar things - Chrysler will almost certainly take the worst of this:
http://jalopnik.com/5064934/gm+chrys...sler-engineers
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