MadRat
Lifer
- Oct 14, 1999
- 11,910
- 239
- 106
Originally posted by: Mermaidman
How would a merger be beneficial?
Only one grave to dig rather than two.
Originally posted by: Mermaidman
How would a merger be beneficial?
Originally posted by: MadRat
Originally posted by: Mermaidman
How would a merger be beneficial?
Only one grave to dig rather than two.
Originally posted by: loki8481
it's like mixing haggis with black pudding... no good can come of it.
Originally posted by: robphelan
GM doesn't learn very well - they're coming out with a whopping 14mpg hybrid escalade and a new Hummer based on a pickup frame for 2009.
how idiotic.
Originally posted by: loki8481
it's like mixing haggis with black pudding... no good can come of it.
Just like Circuit City and Blockbuster.Originally posted by: WhipperSnapper
I don't see how it makes sense. Sick company + Sick company = even bigger sick company?
Originally posted by: PingSpike
My opinion? Chysler has nothing of value to GM. Their trucks get terrible mileage in a world where that is increasingly important. Their quality image is the worst of the big 3, hell their entire fleet is mostly gas suckers. Their small car offerings are the worst of the big 3, taking a "the hell with good gas mileage cars" approach at an even worse time then the one GM took in the late 90s early 2000s. And the company has already shown itself to adverse to mergers.
If GM were to merge with some one, they should buy some one that has things they don't...not some one with the same weaknesses, only amplified. About the only thing Chysler is really ok at is giant powerhouse trucks...a declining market that GM already has a dominate position in.
Plus, the last thing that company needs is more brand names. It needs to streamline so it can adapt quicker and cut costs.
--------------------------------------------------------------------------------Originally posted by: Vic
Originally posted by: Mill
Originally posted by: dmcowen674
Originally posted by: Perknose
Dave, your thread title is misleading. They are exploring the possiblity, not actually merging.
And, guess what? It WON'T happen. Chrysler and GM have NOTHING the other either needs or wants. Their deficiences are the same. No foreseeable good could come out a merger between the two that I can see.
By going private they can get rid of the Unions 100%
You are lying again.
How can you tell when dmcowen674 is lying?
He posts.
Notwithstanding the mistake in the mileage figure, this is brought up here so many times it's just getting ridiculous. You guys seem to think that it takes 6 months from design to production. These vehicles were given the green light about 4 years ago. When you've got billions of dollars invested in the production a vehicle, you reach a point of no return. You have no real choice but to bring it to market.Originally posted by: robphelan
GM doesn't learn very well - they're coming out with a whopping 14mpg hybrid escalade and a new Hummer based on a pickup frame for 2009.
how idiotic.
Originally posted by: Ktulu
Well what if after GM overtakes Chrysler then they decide to sell off any Chrysler assets that might be of value like plants and equipment. Heck they might even make some money by selling off the Viper. I think all in all they could be able to make a few billion by taking Chrysler then selling them off piece by piece. Anyways just a thought.
Originally posted by: ElFenix
Originally posted by: Ktulu
Well what if after GM overtakes Chrysler then they decide to sell off any Chrysler assets that might be of value like plants and equipment. Heck they might even make some money by selling off the Viper. I think all in all they could be able to make a few billion by taking Chrysler then selling them off piece by piece. Anyways just a thought.
if GM were able to sell it off piece by piece for profit, cerberus would already be doing that.
Originally posted by: Muse
Originally posted by: ElFenix
Originally posted by: Ktulu
Well what if after GM overtakes Chrysler then they decide to sell off any Chrysler assets that might be of value like plants and equipment. Heck they might even make some money by selling off the Viper. I think all in all they could be able to make a few billion by taking Chrysler then selling them off piece by piece. Anyways just a thought.
if GM were able to sell it off piece by piece for profit, cerberus would already be doing that.
Cerberus is such a crazy name for a corporation. Isn't that the three-headed dog of legend that guards the entrance of Hell at the river Styx? :evil:
Originally posted by: Skoorb
Terrible waste of taxpayer money. Domestic automakers have been sucking longer than I have been alive. At some point, it's time to let them die. They seem to be cutting their wrists just fine without us bandaging them up just to let them leave the hospital and hack away when they get home anyway.
Wasn't a $25B loan already agreed to? In any case, maybe not, but originally it was going to be a loan at unrealistically positive interest rates. I thought it sounded like a bad loan, like lending to a crack head (you won't get it back). Now they're talking in part about simply giving money, with the credit line just one portion of that.
This is a disgusting idea.
Most will get jobs. How long do you want to prop up a bad company for? What makes them so special? I don't see the government throwing money at movie gallery or realtors or luxury yacht owners? WTF makes these moribund companies so special that they deserve money? Even at the best of times they cannot even make money, why reward their abject failure?Originally posted by: RichardE
Originally posted by: Skoorb
Terrible waste of taxpayer money. Domestic automakers have been sucking longer than I have been alive. At some point, it's time to let them die. They seem to be cutting their wrists just fine without us bandaging them up just to let them leave the hospital and hack away when they get home anyway.
Wasn't a $25B loan already agreed to? In any case, maybe not, but originally it was going to be a loan at unrealistically positive interest rates. I thought it sounded like a bad loan, like lending to a crack head (you won't get it back). Now they're talking in part about simply giving money, with the credit line just one portion of that.
This is a disgusting idea.
What do you expect to do with all those industrys employees when they start sucking on EI/Welfare/Social safety net? Wonder if that would be more than 10B, not to mention the loss of tax revenue on the factories/buisinesses ect....think that would be more than 10B?