GM to buy Chrysler?

[Steve]

WoW! When I first read this I thought how is it that two companies having difficult times would want to do such a thing? What's your take on this? Is it a good or a bad idea? Report: GM in talks to buy Chrysler - General Motors Corp. is in talks to buy the Chrysler Group in its entirety, Automotive News reported Friday, citing unnamed sources in Germany and the United States. The automotive trade publication reported on its Web site that high-level talks were talking place between GM and Chrysler Group parent DaimlerChrysler AG. The potential deal between the two automakers could go beyond cooperation on joint development of a large sport utility vehicle, the magazine said.

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For anyone that hasnt seen the news, now they are saying a forgin company to buy chrysler from diamler, but chrysler is already forign since mercades/diamler owns 51% of their stock

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[Steve]

I wonder what will happen next...

I have heard of two possible buyers: Either some company in France or Nissan

Looks like it will be highest bidder instead

http://www.foxnews.com/story/0,2933,252739,00.html

[Steve]

Good article.

Originally Posted by [b

Quote[/b] ]General Motors (GM) is already in preliminary talks with DaimlerChrysler about an acquisition of all or part of Chrysler but is particularly interested in its Jeep and Dodge marques.

Can you imagine GM buying those two brands! Very interesting.