Saturday, October 11, 2008

GM merging with Chrysler?


In what would be the largest merger the automotive world has ever seen. GM is Rumored to be in preliminary talks with Chrysler Corp. A year or so ago, Cerberus Capital Management bought a huge stake in the Chrysler Corp. Now the street is whispering about a possible blockbuster merger between the once superpowers of the automotive world. A marriage between the largest US automaker and the #3 US automaker would mean that the combined company would out pace the current sales leader Toyota and would leave old rival Ford in the dust. Unless, of course, they decide to join the party. Hmmmmmmmmm

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