You haven't heard about the merger between Porshe and GM? Better read the paper.......................
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15 years ago
You haven't heard about the merger between Porshe and GM? Better read the paper.......................
Yoou guys given any thought to Life after GM? At this point it doesn't sound good.
"Speaker of the Truth" wrote in message news:XuPek.101144$ snipped-for-privacy@fe101.usenetserver.com...
"GM" may be going through some changes, but you haven't seen that last of them by a long shot.
my2¢
Some could see it as a ?MegaMerger?, others as a ?MegaDisaster?. Either way, BusinessWeek magazine learned from an unnamed source that at a few recent meetings, unammed General Motors executives shared their thoughts about the possibility of a merger with arch American rival, Ford Motor Company.
However, some narrow minded fellow execs (before you start commenting, we?re being sarcastic now?) dismissed the idea as they believed a merger with a company that has even worse problems than GM would be a huge distraction at a time when management needs to focus on a turnaround.
Commenting on the report, David Cole, chairman of the Center for Automotive Research said, "I don't think a merger is likely. But you'll see a lot of options considered if they think bigger problems will come by."
That would be akin to the merger between Eastern Airlines and National Airlines. No survivors.
Just sorting out the logistic systems in a Ford-GM merger would be a big black hole in which to dump money.
Toyota and Nissan each have is a minimal number of brands and franchise systems--makes for a less costly marketing system. With Hummer gone, GM will still have six marques.
When Waggoner was at the Arlington plant last week the media addressed the costs of dropping a product line.
Getting rid of the 'badge cars' would be costly. The expenses in dropping Oldsmobile were minimized by offering other products to Olds dealers. If Pontiac or Buick were to go, there aren't feasible alternatives to offer and the franchise buy-outs would be fierce.
Choices are limited.
-- pj
They will still be around. C7 may be VERY long in coming. Hope folks like the C6.
Has this 'merger' been verified? If so, When and by Whom?
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