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Re: GM would need cash to acquire Chrysler
With the new V8 engine killed, Northstar dying off, GM stock down about 87% in the last year, Cruze and Volt two years off, no new STS or DTS until 2014, and with Hyundai now offering the Genesis sedan and coupe, now hardly seems the time for GM to go on a buying spree, especially considering what a damaged brand that Chrysler is. But I'm sure that Nardelli is smacking his lips at the thought of a new golden parachute atop his 1/3 BILLION dollar one from Home Depot.
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"I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." - Galileo Galilei
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