AUTOLINE ON AUTOBLOG: GM-Chrysler, What are they Thinking?
October 23rd, 2008 at 9:23am
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The headlines say General Motors is feverishly putting a plan together to takeover Chrysler. From my standpoint, only two theories can explain why this is happening. Either the . . .
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October 25th, 2008 at 9:21 am
This is like two people in a lifeboat fighting over who could hold the empty canteen of water.
The math doesn’t hold water. How can cash strapped GM buy Chrysler? And how can Chrysler have more cash than the purchase price?
And what would GM gain from Chrysler? The only thing I can think is Minivans — which will not be GM’s savior.