Quote:
Originally Posted by Michael Hill
I can't even believe the two are thinking about merging. On one hand, you have GM, a failing company, then on the other, Chrysler, another failing company.
Last time I checked, when 2 failing companies merge, they just end up forming 1 bigger failure of a company.
The talks of merging have to stop now.
|
In the auto world, buying and or selling brands is a good way to save a company. I mean when AMC (American Motor Company) went under Jeep (owned by AMC) was bought by Chrysler (maybe it was GM bought it, then sold it to Chrysler). Which for a while was very good for Chrysler cause for a while they sold more Jeeps then almost any other car they owned. Now buy companies can also be bad like the 90's then Ford bought Jag, Land Rover, and Volvo; Jag and Land Rover where spending more money then they where making. Which caused Ford to sell them for a fraction of what they bought them for. Sometimes the gamble pays off, other times it doesn't. I mean the 2 companies wont become one, they are just merging stocks (from what I understand). But if it doesn't work out I think Chrysler is done for, GM might be around, but badly hurt.