Consultant: GM merger would eliminate most Chrysler vehicles

In article >,
Steve > wrote:

> It looks like the GM deal is off.
>
> see:http://money.cnn.com/2008/11/07/news...postversion=20
> 08110711
>
>
> but the pertinent quote is this:
>
> "GM Chief Executive Rick Wagoner, without mentioning Chrysler by name,
> said on a conference call that GM had ended talks about a possible
> merger with a Detroit rival to concentrate on the cash crisis it now faces."

I'll bet the USA Gov said no cash support if you take over poor Chrysler.

rumor has it the government said no merger. same when GM was talking to
Ford


"Some O" > wrote in message
...
> In article >,
> Steve > wrote:
>
>> It looks like the GM deal is off.
>>
>> see:http://money.cnn.com/2008/11/07/news...postversion=20
>> 08110711
>>
>>
>> but the pertinent quote is this:
>>
>> "GM Chief Executive Rick Wagoner, without mentioning Chrysler by name,
>> said on a conference call that GM had ended talks about a possible
>> merger with a Detroit rival to concentrate on the cash crisis it now
>> faces."
>
> I'll bet the USA Gov said no cash support if you take over poor Chrysler.

Some O wrote:
> In article >,
> Steve > wrote:
>
>> It looks like the GM deal is off.
>>
>> see:http://money.cnn.com/2008/11/07/news...postversion=20
>> 08110711
>>
>>
>> but the pertinent quote is this:
>>
>> "GM Chief Executive Rick Wagoner, without mentioning Chrysler by name,
>> said on a conference call that GM had ended talks about a possible
>> merger with a Detroit rival to concentrate on the cash crisis it now faces."
>
> I'll bet the USA Gov said no cash support if you take over poor Chrysler.

The current administration pretty much said "no cash support" period.

I don't think the incoming administration will spare ANY expense to
protect the union vote, so GM probably will be protected as will Chrysler.