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Old 10-12-2008, 10:09 PM   #15 (permalink)
lio45
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Join Date: Jan 2003
Location: Sherbrooke, Québec
Drives: fullsize Chevy pickup
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Re: GM would need cash to acquire Chrysler

We have no actual data for Chrysler, but by all estimates they're bleeding much less money than GM every passing month...

I would expect Cerberus to get GM, not the other way around.

Chrysler was bought for ~$8 billion.

Compared to that, GM is worth pocket change, and merging the two automakers (slashing the useless GM brands, keeping Chevy + Cadillac) does make sense...
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