Chevrolet Corvette Stingray C7 Forum - View Single Post

65bus · 10-10-2008, 11:59 PM

Hope this isnt a repost but here it goes WTF this cant be true,

DODGE

Here is a web site and many more i can post thats talking about it.

http://dealbook.blogs.nytimes.com/20...xplore-merger/

General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big Two, The New York Times’s Bill Vlasic and Andrew Ross Sorkin reported late Friday.

http://www.businessweek.com/innovate...eneral_mo.html

My forecast that the cost-cutting strategy of the private equity Cerberus guys who bought Chrysler from Daimler Benz would fail is, unfortunately, turning out to be true. By hiring ex-Home Depot CEO Robert Nardelli, who’s speciality is efficiency, they embarked on a traditional business strategy of squeezing more out of existing operations at a time when soaring oil prices were undermining the sales of their gas-guzzling product. What was needed was an innovation strategy of growth that quickly generated electric, hybrid, flex-fuel and other models that better fit into a fast-changing market place.

10-10-2008, 11:59 PM	#1
65bus Drives: 92 Z28, 72 Chevy truck, 65 VW Join Date: Jul 2008 Location: Lenoir, NC Posts: 121	GM and Chrysler to merge? Hope this isnt a repost but here it goes WTF this cant be true, DODGE Here is a web site and many more i can post thats talking about it. http://dealbook.blogs.nytimes.com/20...xplore-merger/ General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big Two, The New York Times’s Bill Vlasic and Andrew Ross Sorkin reported late Friday. http://www.businessweek.com/innovate...eneral_mo.html My forecast that the cost-cutting strategy of the private equity Cerberus guys who bought Chrysler from Daimler Benz would fail is, unfortunately, turning out to be true. By hiring ex-Home Depot CEO Robert Nardelli, who’s speciality is efficiency, they embarked on a traditional business strategy of squeezing more out of existing operations at a time when soaring oil prices were undermining the sales of their gas-guzzling product. What was needed was an innovation strategy of growth that quickly generated electric, hybrid, flex-fuel and other models that better fit into a fast-changing market place.