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10-11-2008, 03:33 PM
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#1 (permalink) |
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1.4 Liter Turbocharged ECOTEC
Join Date: Oct 2007
Posts: 94
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G.M. Held Merger Talks With Ford Before Chrysler
http://www.nytimes.com/2008/10/12/bu...12auto.html?hp
Before General Motors began exploring a possible merger with Chrysler — talks that first came to light on Friday — G.M. proposed a similar deal with its other cross-town rival, the Ford Motor Company, two people with knowledge of the talks said Saturday. |
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10-11-2008, 06:31 PM
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#3 (permalink) |
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6.2 Liter LS3 V8
Join Date: Apr 2003
Posts: 3,515
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Re: G.M. Held Merger Talks With Ford Before Chrysler
These stories are kind of funny because you don't usually hear companies in their state thinking merger. Maybe GM doesn't realize the shape they're in. Or maybe they're anxious to gobble up their competitors before they hit the reset button and file bankruptcy. I can see a partnership with one or the other, more Ford than Chrysler, but I can't for the life of me see how taking on one or the other is going to boost GM's bottom line any time soon.
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10-11-2008, 06:38 PM
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#4 (permalink) |
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3.6 Liter SIDI V6
Join Date: Oct 2006
Posts: 1,122
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Re: G.M. Held Merger Talks With Ford Before Chrysler
Two week companies merging is a recipe for disaster. There is so much overlap in products and whole divisions that this makes no sense. GM can't manage the divisions it has currently what makes Rick think he can manage 3 more?
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10-12-2008, 01:27 PM
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#6 (permalink) |
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4.4 Liter Supercharged Northstar
Join Date: Feb 2005
Drives: 2009 Acura TSX
Posts: 2,751
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Re: G.M. Held Merger Talks With Ford Before Chrysler
I thought the GM-Ford merger talks were just a rumor. Now that's a merger that would not make sense.
__________________
I am interested in any car as long as it's not built by GM. |
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10-13-2008, 01:27 AM
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#7 (permalink) | |
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3.0 Liter SIDI V6
Join Date: Sep 2005
Location: Middle TN
Drives: 1996 Silverado, 1990 Grand Marquis, 1994 Caprice W
Posts: 571
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Re: G.M. Held Merger Talks With Ford Before Chrysler
Quote:
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10-13-2008, 07:52 AM
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#8 (permalink) |
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6.2 Liter LS9 Supercharged V8
Join Date: Dec 2004
Posts: 5,372
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Re: G.M. Held Merger Talks With Ford Before Chrysler
Madness... Ford management was right to reject this stupidity.
Ford's goal right now is to vastly reduce the complexity of its operations on a global basis, and to guard its cash reserves. Ford has the cash on hand to survive, thanks to prudent financial management, which is why I've always been perplexed that all the bad news is "GM and Ford", when in fact, their positions couldn't be more different.
__________________
"It's only when the tide goes out that you learn who's been swimming naked." -Warren Buffet(t) 
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