what if a merger happens?
11-07-2008, 04:08 PM
#1
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Location: southern connecticut
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what if a merger happens?
if GM and DODGE merge, what would happen to the camaro? if the production of the trucks was stopped, how many camaros were/have been built? Could you even imagine if there were only a VERY limited amount of these cars made, such as a thousand, or even 500? it would become an even moreso desirable car and i'm sure the common camaro enthusiast wouldn't be able to afford what GM would choose to charge for a instant collectable. Or is the media just over-reacting about Chevy's future?
I'm no economist, so i want to hear from someone who may know where this may end up to clarify it for me
I'm no economist, so i want to hear from someone who may know where this may end up to clarify it for me
11-07-2008, 04:20 PM
#3
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Join Date: Mar 2001
Location: The Golden State
Posts: 13,711
if GM and DODGE merge, what would happen to the camaro? if the production of the trucks was stopped, how many camaros were/have been built? Could you even imagine if there were only a VERY limited amount of these cars made, such as a thousand, or even 500? it would become an even moreso desirable car and i'm sure the common camaro enthusiast wouldn't be able to afford what GM would choose to charge for a instant collectable. Or is the media just over-reacting about Chevy's future?
I'm no economist, so i want to hear from someone who may know where this may end up to clarify it for me
I'm no economist, so i want to hear from someone who may know where this may end up to clarify it for me
Also, in case you haven't watched the news the past week and especially today, the merger idea died when GM couldn't get the feds to give them money to cover it.
It's a dead issue.
11-07-2008, 05:37 PM
#5
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Location: Oakland, California
Posts: 9,710
Actually it looks like they mainly want to buy Jeep.
Hyundai, Chrysler in talks as GM pulls out-sources
11.07.08, 5:22 PM ET
France - NEW YORK/DETROIT (Reuters) - South Korea's Hyundai Motor Co has had talks with Chrysler LLC owner Ceberus Capital Management about a potential acquisition of the struggling U.S. automaker's Jeep brand and possibly other assets, people with knowledge of the talks said Friday.
The emergence of South Korea's largest automaker as a potential bidder for at least part of Chrysler comes on the same day General Motors Corp (nyse: GM - news - people ) said it was abandoning its own pursuit of an acquisition of its cross-town rival.
Cerberus also plans to restart talks other potential partners, including Renault (other-otc: RNSDY.PK - news - people )-Nissan (nasdaq: NSANY - news - people ), the sources added. (Reporting by Jui Chakravorty and Kevin Krolicki; Editing by Andre Grenon; +1-646-223-6033)
11.07.08, 5:22 PM ET
France - NEW YORK/DETROIT (Reuters) - South Korea's Hyundai Motor Co has had talks with Chrysler LLC owner Ceberus Capital Management about a potential acquisition of the struggling U.S. automaker's Jeep brand and possibly other assets, people with knowledge of the talks said Friday.
The emergence of South Korea's largest automaker as a potential bidder for at least part of Chrysler comes on the same day General Motors Corp (nyse: GM - news - people ) said it was abandoning its own pursuit of an acquisition of its cross-town rival.
Cerberus also plans to restart talks other potential partners, including Renault (other-otc: RNSDY.PK - news - people )-Nissan (nasdaq: NSANY - news - people ), the sources added. (Reporting by Jui Chakravorty and Kevin Krolicki; Editing by Andre Grenon; +1-646-223-6033)
11-07-2008, 07:07 PM
#7
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Location: North Carolina
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11-07-2008, 08:22 PM
#11
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Join Date: Nov 2008
Posts: 11
It just really blows
Rick Wagoner said that they had money till the end of 2009 a few months back.
Now we find that they have money till Jan 2009.
GM needs $11 -$14 Billion just to operate without going BK7
As I see it GM only has enough money till early Feb.
Ford is going to come out looking pretty in 2 years and hyundai buying chrysler might do ok also.
But where does it leave GM?Nobody wants to buy them
I cannot blame them still the most cars they make are bland
except the Tahoe,Blazer,Vette and maybe the camaro
Rick Wagoner said that they had money till the end of 2009 a few months back.
Now we find that they have money till Jan 2009.
GM needs $11 -$14 Billion just to operate without going BK7
As I see it GM only has enough money till early Feb.
Ford is going to come out looking pretty in 2 years and hyundai buying chrysler might do ok also.
But where does it leave GM?Nobody wants to buy them
I cannot blame them still the most cars they make are bland
except the Tahoe,Blazer,Vette and maybe the camaro
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