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post #1 of 17 (permalink) Old 10-11-2008, 01:16 PM Thread Starter
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Chrysler GM merger?

News today of a possible merger with Chrysler and GM. Can't say I thrilled about that.
Comments from those of you a bit closer to Detroit?
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post #2 of 17 (permalink) Old 10-11-2008, 02:22 PM
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OUCH! This is very sad.
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post #3 of 17 (permalink) Old 10-11-2008, 09:38 PM
 
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:c rying:
If anything chrysler would have a better chance with GM over Nissan / Renault. At least it would still be an american company and a GM-Chrysler company would be the largest automaker in the world giving it some breathing room over toyota. But the finances of either company isnt good. If american vehices start selling then GM-Chrysler would be making so much money an anti-trust suit would be possible. But if either doesnt do well 2 of the 3 american autmakers will be gone, and Ford being the only american offering would how do you say, F*****N SUCK!!!
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post #4 of 17 (permalink) Old 10-11-2008, 09:48 PM
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Originally Posted by eaglevisionman View Post
:c rying:
If anything chrysler would have a better chance with GM over Nissan / Renault. At least it would still be an american company and a GM-Chrysler company would be the largest automaker in the world giving it some breathing room over toyota. But the finances of either company isnt good. If american vehices start selling then GM-Chrysler would be making so much money an anti-trust suit would be possible. But if either doesnt do well 2 of the 3 american autmakers will be gone, and Ford being the only american offering would how do you say, F*****N SUCK!!!
yeah,l until tghey both realize that the aren't making any profits. It will lead to the cclosure of many chrysler and GM plants and dig a bigger ditch for both companies.
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post #5 of 17 (permalink) Old 10-12-2008, 05:59 AM
 
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The day I see a 5.7L HEMI badge on a GM is the day I shoot myself.
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post #6 of 17 (permalink) Old 10-12-2008, 09:49 AM
 
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The merger happened years ago. My dad had a dodge Dart with a Chevy straight 6.
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post #7 of 17 (permalink) Old 10-12-2008, 11:48 AM
 
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yeah,l until tghey both realize that the aren't making any profits. It will lead to the cclosure of many chrysler and GM plants and dig a bigger ditch for both companies.
True, but chrysler being owned by Nissan is a very bad prospect. They would rice up the lineup to no end. While Renault would be clueless on what we want in cars, when was the last time you saw a french car for sale in america? For the vehicles sake GM would be the best mach, but you say is definatly not a lie. Both would hurt in the short term over this merger.
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post #8 of 17 (permalink) Old 10-13-2008, 01:01 AM
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If anything, this would be a good move! Chrysler needs a pick me up ASAP!!!!!

Now the first thing we GM guys do is fire the idiots that designed the 2.7 lol. Jkjkjkjkjkjkjkjk
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post #9 of 17 (permalink) Old 10-13-2008, 02:43 PM

 
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Post GM/Chrysler Merger?

We’re beginning to think that the offices of Chrysler charge by the hour, by the amount of foot traffic it gets. The company seems to be so good at something that it keeps getting traded like ummm… a seasoned veteran of automotive bliss.

The latest scoop is that General Motors is in talks with Cerberus to “trade” Chrysler’s automotive operation for the remaining 49% stake GMAC Cerberus did not buy previously.

Seems that Nardelli’s military style worked wonders in a Home Depot merchant style environment, but did absolutely nothing for the auto industry.

Chrysler had the largest drop in sales in the previous year with 25% of it’s sales disappearing. Cerberus does not make it’s books public, but industry analysts estimate Chrysler lost in the neighbourhood of $1.5-1.7 billion this past year.

The amount is staggering, but is not significant compared to the losses that General Motors have been experiencing as of late.

Chrysler promises new models for 2010 and 2011, but information on upcoming models have been scarce. General Motors has seen it’s stock price erode in the past week or so, with the recent downgrades to near junk status.

It will be interesting to see what happens and what role the federal government plays in all of this, as both Ford and General Motors will most likely run out of operational funding sometime next year.

Could there be another bailout on the way? What part is the $25 billion recently awarded to the auto companies play in all of this?

These are questions that will have to be answered really soon, as J.D. Power has announced that the auto sector will tank in 2009. What a suprise.

In the meantime, enjoy your GM and Ford stock hit all time lows, and thank you for buying American.



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post #10 of 17 (permalink) Old 10-13-2008, 06:56 PM
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well i guess better GM then anyting else
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post #11 of 17 (permalink) Old 10-13-2008, 07:40 PM
 
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i repeat there is nothing worse than the interior of a gm vehicle i would cry
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post #12 of 17 (permalink) Old 10-13-2008, 09:23 PM
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Im not real big on GM either I would rather chrysler remain by itself.
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post #13 of 17 (permalink) Old 10-14-2008, 01:24 AM
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Quote:
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i repeat there is nothing worse than the interior of a gm vehicle i would cry
ok but gm makes great transmissions compared to chrysler

and gm interiors arn't bad

i should kno i have 5 GM vehicles in my family
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post #14 of 17 (permalink) Old 10-21-2008, 12:22 AM
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I read an article today that this is actually moving forward....

Wonder what models will be going bye-bye? Got the Ram and Silverado, Durango and Trail Blazer?

Theres even talk of closing Chrysler's headquarters in Auburn hills.

after GM takes Chrysler's 11 billion in cash it will be the broke leading the broke.
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post #15 of 17 (permalink) Old 10-21-2008, 12:26 AM
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Speaking of mergers, the two Gm/Chrysler merger threads are now well... Merged...
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