GM and Chrysler Merging? Who Will Be The Next To Fall?

think they wanted to add to their debt

— 350zdon17 (View Profile)

Posted on 10/11/2008 9:51:21 AM | reply to this comment | Votes: 4   

I can't wait for the new models. Hindsight Hybrid, Lawn Dart, Little Green Wagon Hybrid Express (made from recycled 1970's dodge army trucks).

You never know. If it works out it will establish widespread respectability for Gay Marriage.

Will they rename the chrysler building?

— dodgedart (View Profile)

Posted on 10/11/2008 10:48:31 AM | reply to this comment | Votes: 3   

They will rename is it to Dumb and Dumber !!

— AMiodynski (View Profile)

Posted on 10/11/2008 10:52:07 AM | reply to this comment | Votes: 2   

Bingo!!!!!!!!!!!

— woood (View Profile)

Posted on 10/13/2008 12:22:32 AM | reply to this comment | Votes: 1   

if oldsmobile can't survive, how can chrysler?

— 1995e34 (View Profile)

Posted on 10/11/2008 2:53:48 PM | reply to this comment | Votes: -2   

Auto-leasing is a cash-cow.
But GM's finance division "diversified" into home mortgages, and is facing a temporary cash hit at a time when it can't afford ANY kind of hit.
Cerberus is taking advantage of this, and using it as a way to dump its unprofitable Chrysler lump on an unprofitable GM lump. Together, they could lose money at a new, record-setting pace!

As Arlo Guthrie said (of garbage piles) "I figured one big pile is better than 2 small piles ..." and that's exactly what this merger looks like to me.

On the other hand, if they merge together, imagine how much $$$ they can save on the legal costs of one bankruptcy instead of 2!

— DieselRules (View Profile)

Posted on 10/11/2008 4:13:27 PM | reply to this comment | Votes: 2   

this sounds like an awful idea, i no alot of peopledont want to see chrysler fail but GM is in bad shape, if Daimler with all its resources couldnt do it all these years, why does GM think it can save chrysler and make them profitable. GM is in this situation paritally by thinking like this with FIAT, now FIAT has gained alot of capital, technology, r&d, and platforms, and engines....while GM was stuck with the bill. Bad idea GM let it go

— bmwdrvr (View Profile)

Posted on 10/11/2008 4:45:25 PM | reply to this comment | Votes: 1   

GM should stay away from Chrysler.

— g2ok (View Profile)

Posted on 10/12/2008 12:04:05 AM | reply to this comment | Votes: 1   

Sort of like 'flogging a dead horse', don't ya think?

— doctorproctor (View Profile)

Posted on 10/12/2008 12:26:22 AM | reply to this comment | Votes: 1   

How could GM buy anything? They are on the brink. Their only interest is getting Jeep and grabbing up Chrysler's slice of market domestic share by eliminating them since they won't win over any import buyers. It's a shame that Cerberus is now showing its true colors using the once great Chrysler Corporation and it's many employees and suppliers as a bargaining chip in it's real life game of Monopoly. They might as well put them up for auction on E-Bay. Where's Kirk Kerkorian when you need him? I wonder how much the golden parachute is going to be for Nardelli this time. Jim Press might as well retire. Who'd hire him now? The fall of the US auto industy is nothing to laugh about or celebrate unless you're not American. We all fall together, and before you Euro-fans celebrate, you'll fall too.

— TTRaceRR (View Profile)

Posted on 10/13/2008 11:25:38 AM | reply to this comment | Votes: 1