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did anyone see this besides me? WTF is going on with this economy. i know fords shares are like down at $2.00 per share, and things are really bad out there. morgan stanley is not going to survive this weekend, but now this??!!
http://news.yahoo.com/s/ap/20081011/...r_merger_talks
if the 300C stops being made before i can afford one, i will be pissed
just cus they are mergin dont mean they will stop production of certain cars per say, it will just be under new ownership. dont worry, hopefully gm dont go bankrupt in the process.......
yeah Denis. I like the 300C also!!Quote:
Originally Posted by deniswhite1
Quote:
Originally Posted by mikedudley17
Eek
lol they are working on restructuring plans right now to avoid it. even tho it involves closin factories and such, if they keep afloat they keep afloat. if they do go bankrupt, they will still just restructure their company and get out of it like greddy. it will be all good, altho getting warranty work done may be a lil tougher especially if u have anything aftermarket in ur car. u put ur rims on ur car and ur suspension makes wierd sounds they will say its from the rims and now ur not covered. or u have an intake and ur motor blew, they could say the IAT sensor was sending weird readings to the ECU and caused it to lean it out too much or yada yada. just sayin...Quote:
Originally Posted by Ravenne
GM and Ford will remain solvent without declaring bankruptcy but Cerberus has Chrysler completely mismanaged and without a restructuring plan. Without a merger Chrysler is dead within five years but GM just isn't a good fit. The two companies share the same problems and merging would only make it worse for each. The only savior for Chrysler may be a foreign company (Tata Motors is a candidate) coming in and bailing them out.
Hey GeorgeJ,
isnt Tata Motors that company that produces that $2500.00 new car in India?
Quote:
Originally Posted by GeorgeJ
chrysler has been bailed out numerous times over the years by different companies.
enjoy your new chevrolet viper or dodge corvette!!
Viper is actually up for sale as their own brand too.
Chrysler was originally a part of GM, it was founded by one of GM's top engineers at the time and now it is just bringing it back to GM. The US gov't will intervene to insure that the merger goes on without a hitch, JP Morgan can not afford for either company to go under, just some FYI.
i think i'm gonna hurl!!