Chrysler, GM and Cerberus Talk Merger
What happens when the Number One and Number Three auto makers in the United States are struggling through some of the hardest financial times this nation has seen? Simple, they merge or one buys the other out. General Motors has spent the last month secretly (though, not so secret as of late) discussing a merger between their company and Chrysler Dodge Jeep owner Cerberus. If the deal were to pass it would form one of the largest car manufacturers in the world, and without a doubt the biggest in North America.
But with any merger, someone has to stay while another has to go. Who will make the final cut? Will Chrysler’s 300 be branded a GM product, or the Jeep Wrangler make an appearance fighting against LaBeef and Megan Fox in a third Transformers film (the movies feature a variety of GM vehicles).
Unfortunately, with the stock market plummeting off the charts like lemmings over a cliff any such merger talks have been put on hold. GM is hemorrhaging approximately $1 Billion dollars a month, which Cerberus is dealing with a hurting Chrysler LLC. So, for now at least, we can only dream of a world where a Dodge Viper – HUMMER edition comes to life.
i like this gmc
Oct 21st, 2008 at 1:33 pm
[...] and Reps in Michigan are concerned (as well as the UAW) about a possible lose in jobs if General Motors and Chrysler merge. One MI Senator in particular, Carl Levin is particularity worried about mass unemployment in [...]