chrysler merger/ acquistion by GM
#5
Reuters, similar story.
Perhaps it might end up being a case of divided you fall, united you survive.
Perhaps it might end up being a case of divided you fall, united you survive.
Last edited by jasonw; 10-11-2008 at 01:14 AM.
#7
Same story on Fox business...
http://www.foxbusiness.com/story/mar...lks---reports/
I think this could be a good thing for Chrysler, more than it is for GM. GM's stock has tanked, and is all but worthless. Therefore, GM is relying on it as a hope right now to stay afloat. Chrysler could probably merge with them to leverage their size, and probably cut some of the meat out of GM while they do it.
Granted, GM people will lose their jobs if this happens, but it would keep them from going under completely. Maybe if this happens, they could make that new ugly-*** Camaro a bit prettier? LOL
http://www.foxbusiness.com/story/mar...lks---reports/
I think this could be a good thing for Chrysler, more than it is for GM. GM's stock has tanked, and is all but worthless. Therefore, GM is relying on it as a hope right now to stay afloat. Chrysler could probably merge with them to leverage their size, and probably cut some of the meat out of GM while they do it.
Granted, GM people will lose their jobs if this happens, but it would keep them from going under completely. Maybe if this happens, they could make that new ugly-*** Camaro a bit prettier? LOL
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