Jalopnik
-
GM Chrysler Merger
Sen. Carl Levin Thinks Feds Could Help With GM-Chrysler Merger
Michigan Senator Carl Levin remarked during a local debate Monday that the federal government might be agreeable to greasing the squeaky wheel in any GM takeover of Chrysler, reports the Detroit News. "No other country in the world would stand by and watch major corporations go under this way without trying to do something about it," said the senator, acknowledging that a merger could result in job losses, but an outright failure of one or both of the automakers would produce far more devastating results to the state economy. So what kind of aid might be on the way? More » -
General Mopar
GM Vs. Chrysler: Product Lineup Fantasy Draft
Though the possibility of a GM-Chrysler Merger remains but a 50/50 chance, the non-denial denials have sent our heads spinning. Are conversations actually taking place? Of that we're certain. Will it actually happen? Hard to say. Will it magically save both companies? Even harder to say. What we do know is a combined company would have a lot of products to draw from across various segments, and their lineups are actually, with the right cuts and decisions, more complementary than you would think. We've taken a look at what choices a merged company should make to build their ultimate lineup should the two automakers industrially copulate, recognizing the production realities, brand equity, dealer concerns and other factors that would go into such a decision. You, dear readers, should take this as a starting point to draft and build your ultimate fantasy company in the comments below.
More »
12:45 PM on Tue Oct 14 2008
By Matt Hardigree
7,730 views, 56 commentsMost discussed Isetta: Maybe I scrolled through too quickly; I didn't see the Sebring. Is it on the injured list, out for the more »
-
question of the day
What Stays, What Goes And What Changes In A GM-Chrysler Tie-Up?
The shocking news that talks on a potential GM-Chrysler merger are ongoing (and that GM sought out Ford first) got us thinking about the product lines of the two merging companies — you know, if this even happens, of course. But we've all seen it before. Two people move in together and stuff has to go. You don't need two coffee tables. You don't need two sets of cutlery. You don't need two Rain Dogs LPs. Given the market and recent performance it's clear that they can't carry on two separate lines. But what stays and what goes? More » -
Chrysler GM Merger
NYT: GM Sought Merger With Ford First
As if the late-breaking Friday night news of merger talks between Chrysler and GM weren't astonishing enough, Bill "Pickles" Vlasic at the New York Times continued the onslaught of amazement with a follow-up story that GM had initially approached Ford before speaking to Chrysler. Apparently, GM execs approached Ford about a possible merger in July but Ford rejected the idea despite the talks progressing until as late as last month. And we though it was hard creating a name for a merger of GM and Chrysler — try coming up with one for Ford and GM. Best we could come up with was "Big Blue Moval."
More »
-
General Mopar
NYT: Chrysler In Merger Talks With GM
According to a report by Bill Vlasic and Andrew Ross Sorkin that just went live on the New York Times website, Chrysler and GM have been in merger talks for the last month. As of today, it's a "50-50" shot that it'll happen. While we've been talking about talks between the two companies for over a year — specifically on trucks — this is something entirely different. Just think, we may finally see the all-vinyl body we've been asking American automakers for all these years. We'll have more shortly — CNBC just called and asked us to jump on the phone for a moment to discuss on air.
UPDATE: According to Sorkin on CNBC moments ago, the terms of the deal currently being worked out would have Cerberus end up owning a major stake in the combined firm. So sorry Cerberus, you won't be getting your fat fully out of the automotive fire just yet!
UPDATE #2: We just realized this will make NASCAR irrelevant to the auto industry.
UPDATE #3: Check out the CNBC republish of the NYT story here with my quick comments on the air with Sorkin and CNBC's Phil LeBeau.
UPDATE #4: We officially dub this new fantasy corporation "General Mopar." Remember folks, you heard it here first.
UPDATE #5: Lori McTavish, Executive Director, Communications, Chrysler LLC has put out a non-statement in response to questions regarding a potential merger between Chrysler and GM. Hit the jump for it. More » -
- 1
1-5 of 5 for "Chrysler GM Merger, "
