Motorhome Magazine Open Roads Forum: GM in Preliminary Talks With Chrysler
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 > GM in Preliminary Talks With Chrysler

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Dick A

Spokane

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Posted: 10/11/08 01:05pm Link  |  Quote  |  Print  |  Notify Moderator

itsalleasy wrote:

Skid Row Joe wrote:

It's way past time the auto industry is taken over by the government anyway, in my estimation.

So you believe the government would be better at building cars than everything else they are getting involved in?

Oh, I'm sure they will be every bit the quality level of the legendary Yugo.

Delaine and Lindy

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Posted: 10/11/08 01:07pm Link  |  Quote  |  Print  |  Notify Moderator

It will never happen. What reason would GM want Chysler/Dodge. GBY...


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2cyber71

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Posted: 10/11/08 01:10pm Link  |  Quote  |  Print  |  Notify Moderator

great I bought GM on Friday at $4.39
bought Ford at $1.95 too.....cheap!
bought United, American, and US Air too....


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Anyoltime

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Posted: 10/11/08 01:23pm Link  |  Quote  |  Print  |  Notify Moderator

Well how about the Nissan Ram,check it out,not impossible,the GM truck and SUV division have not helped GM lately.Chrysler still has Jeep,also for the mix.

kaydeejay

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Posted: 10/11/08 01:55pm Link  |  Quote  |  Print  |  Notify Moderator

And GM abandoned the Mini-Van market.
Plus a merge of Jeep and Hummer may make sense (if it's not too late). No more arguing over how many vertical bars in the radiator grille!


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Gale Hawkins

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Posted: 10/11/08 02:02pm Link  |  Quote  |  Print  |  Notify Moderator

It would be interesting which Dealerships get closed. Two in every town will be history I expect and we will see "regional" dealerships. They are going to have to save a trillion dollars to save the two companies I expect.

Wonder why with 0% interest they were not making any money.

admiral0647

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Posted: 10/11/08 03:27pm Link  |  Quote  |  Print  |  Notify Moderator

Amtrack could expand to become Am-Car and Am-Truck...

(Amtrack looses money and yet stays afloat on Federal subsidies, why not the auto industry?)


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camping man

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Posted: 10/11/08 05:40pm Link  |  Quote  |  Print  |  Notify Moderator

You think the $25 an hour floor sweepers were too much for the payroll.


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John S.

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Posted: 10/11/08 07:09pm Link  |  Quote  |  Print  |  Notify Moderator

Well, the private equity firm that bought Chrysler also owns 51 percent of GMAC and wants to trade the automaker for the remaining 49 percent of GMAC they do not have. I do not know if that is a benefit or a liability to them. GM has huge unfunded pensions and GMAC has huge exposure to sub prime so who will win. WHo knows.


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ryoung

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Posted: 10/11/08 07:49pm Link  |  Quote  |  Print  |  Notify Moderator

Gale Hawkins wrote:

Wonder why with 0% interest they were not making any money.


The 0% interest deal was the only way that American buyers could afford to buy them in our "globalized" economy.

American business is starting to reap what they sowed by globalizing. Put simply, sending factories, and the jobs that went with them overseas, was short siighted. Good profits in the beginning as the wealth was here. But along with the factories and jobs the wealth eventually diminished.

ryoung

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