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Re: Merger, Who Is It Good For? A Big Al Rant
Why not just trade GMAC for Dodge, Jeep, some worthwile tech patents and the Chrysler name. Then borrow $50 billion to start another captive finance company that focuses strictly on automotive operations. The new line-up could be: Chev; Buick-Pontiac/Saturn-Dodge; Cad-Saab-Jeep. GMC models could become Chevs,boosting their sales, and Jeep would replace Hummers at most Cad dealers avoiding big pay-outs for closing Hummer. GM would probably have very little difficulty raising the capital from banks and investors for the new finance company . Don't overlook the talented management at Chrysler too. Cerberus could close the unnecessary Chrysler plants themselves, instead of GM, and take the write-off against it's other investments.
Last edited by vam29 : 10-12-2008 at 09:46 PM.
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