Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
|
#8
11-07-2008, 02:49 AM
|
|||
|
|||
Re: GM/Chrysler Merger
[ QUOTE ]
I still don't understand how this makes any sense, particularly for GM. What does Chrysler have, besides minivans and Jeeps, that GM doesn't? [/ QUOTE ] 11 Billion Dollars in cash on hand! I beleive GM has about 10 Billion on hand and this merger may help them last long enough for a turn around to take effect. In the end the government would rather bailout just 2 automakers than 3. GM & Ford will definitely get a bailout as both are too important to the economy, consumer confidence and strategic manufacturing capacity to let fail.
__________________
Howard Growing old is a certainty, growing up isn't 
|
|
|
Threaded Mode