BOB47 Posted October 11, 2008 Report Share Posted October 11, 2008 Just saw a report on the local news that GM and Chrysler are having meetings to discuss a possible merger. Could get real interesting. What's everyone think? Good idea or bad? Quote Link to comment Share on other sites More sharing options...
Oo p0op oO Posted October 11, 2008 Report Share Posted October 11, 2008 depends if Gms look like chryslers haha Quote Link to comment Share on other sites More sharing options...
Black2003SS Posted October 11, 2008 Report Share Posted October 11, 2008 It would be the best thing for the auto industry at this time. If Chrysler doesnt merge with someone soon, they will go before Ford does. Everyone thinks Ford is going to go under. Ford will not go under. The Ford family has enough cash reserves to keep Ford afloat for a decade if need be with proper cut backs. The sharing of technology would be great as would be the design. Imagine had Chryslers designers (influenced by daimler designers of course) got ahold of the G8 and not let it get the hideous pontiac snout? LOL. perhaps it still would have. Either way, I think overall financially and from a market share perspective, it would be the best thing for GM and Chrysler employees. It would make GM the number one car maker again, by a large margin, not just a razor thin lead trading back and forth with Toyota depending on which quarter you look at. GM's stock might be low right now, but its because of the simple supply demand issue. Too many investors got cold feet and bailed out of the stock (this happened to most stocks this week and for good reasons). As a result, the stock plummeted. GM's stock is not worth $5/share. GM's net worth on paper is at least worth $15/share on paper. Chrysler is privately owned right now, so it will be interesting to see what the deal is and how much GM pays out (any merger will involve GM taking over Chrysler, not much of a merger, similar to the Daimler takeover last go around). I would suggest watching it closely and if terms look favorable, one might want to consider throwing some money at the stock and make some good cash WHEN the stock heads back over $10/share. Quote Link to comment Share on other sites More sharing options...
zanis520 Posted October 11, 2008 Report Share Posted October 11, 2008 i guess as long as gm and ford arent merging im ok Quote Link to comment Share on other sites More sharing options...
Fireman31 Posted October 11, 2008 Report Share Posted October 11, 2008 ..........thats all I can really say at this point Quote Link to comment Share on other sites More sharing options...
mcmahan Posted October 11, 2008 Report Share Posted October 11, 2008 idk about that. if gm keeps the gm look plus dont go cheap and make the interior look like the cheap plastic crap that chrysler does. i cant say for sure what i think yet still baffled Quote Link to comment Share on other sites More sharing options...
ss wrecker Posted October 11, 2008 Report Share Posted October 11, 2008 does this the cummins will be an optional motor in a gm truck? i mean i love my duramax nut you can't the longevuty of a cummins Quote Link to comment Share on other sites More sharing options...
dmf21209 Posted October 13, 2008 Report Share Posted October 13, 2008 does this the cummins will be an optional motor in a gm truck? i mean i love my duramax nut you can't the longevuty of a cummins I imagine they'd keep em separated, although that's not too bad of an idea Quote Link to comment Share on other sites More sharing options...
blackss461982 Posted October 13, 2008 Report Share Posted October 13, 2008 about as lost as the people who put this idea on the table????? if it ain't broke don't f*ing touch it!!! Quote Link to comment Share on other sites More sharing options...
Lefty Posted October 13, 2008 Report Share Posted October 13, 2008 about as lost as the people who put this idea on the table????? if it ain't broke don't f*ing touch it!!! Have you seen the GM & Chrysler financial reports lately? It is f*ing broken! Quote Link to comment Share on other sites More sharing options...
Sneakystiffler21 Posted October 13, 2008 Report Share Posted October 13, 2008 Everyone hold on to your titles the resale value of our trucks will plummet like wall street if that merger happens LOL Quote Link to comment Share on other sites More sharing options...
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