ford and gm were gonna merge???? WHAT?

SVT_SRT · 10-11-2011, 01:55 PM

interesting...
http://www.bloomberg.com/news/2011-1...tml?cmpid=yhoo

General Motors Co. (GM) Chief Executive Officer Rick Wagoner secretly proposed a merger with Ford Motor Co. (F) in 2008, a year before GM’s bankruptcy filing, the New York Times reported.
Ford Chairman Bill Ford and Chief Executive Alan Mulally held talks with Wagoner before turning down the offer, according to the article, adapted from Bill Vlasic’s ‘Once Upon a Car: The Fall and Resurrection of America’s Big Three Automakers -- G.M., Ford and Chrysler,’ to be published Oct. 4.

*DGthe3* · 10-11-2011, 02:04 PM

Talk and action are 2 very different things. They could have talked about it for as long as they wanted, but that doesn't mean that they were actually going to do anything about it.

BowtieBelle · 10-11-2011, 05:54 PM

I wouldn't bet on that EVER happening, whatever talks they are referring to.

FenwickHockey65 · 10-11-2011, 05:55 PM

GM and Chrysler considered it too. But this is ancient history.

Automakers talk about doing stuff together all the time.

bigjohns97 · 10-11-2011, 07:49 PM

LOL

nothingtoseehere.jpg

8cd03gro · 10-11-2011, 08:43 PM

That would have been a bad decision for both of them.

Berean · 10-11-2011, 10:18 PM

Every fanboy's head would have exploded as they realized their paradigm has just been destroyed.

LimaCharlie · 10-12-2011, 12:09 AM

I remember reading about this in 2008. It will never happen. It's like Coca-Cola and Pepsi merging together.

ponbigi · 10-12-2011, 03:25 PM

http://www.mlive.com/lansing-news/index.ssf/2011/10/new_book_says_general_motors_w.html

New book says General Motors wanted to merge with Ford

A new book chronicling the financial collapse of General Motors and Chrysler in 2008 reveals new details about just how desperate the situation was for the giants of the automobile industry.

New York Times reporter Bill Vlasic's new book, "Once Upon A Car," relates the fiscal turmoil facing General Motors in the months leading up to the financial collapse.

"[In] July of 2008, the CEO of General Motors, Rick Wagoner, decided to approach Bill Ford and Alan Mulally, the Chairman and Chief Executive of Ford Motor Company, about a merger. The way I describe it in the book is, 'this would have been the moment when the Big Three would really have become the Big One.' [It was] completely out of character for GM to do this and turned down flat by Ford Motor Company," Vlasic told WKAR.

General Motors and Chrysler both filed for bankruptcy and were "bailed out" with an infusion of government loans.

Vlasic said there's no reason for the Big Three to not be competitive in the global car market.

RED DEMON SS · 10-12-2011, 03:36 PM

That would have been absolutely disastrous!

Wakemaker89 · 10-12-2011, 03:41 PM

No telling what might have happened with the camaro had they merged!

Madness11 · 10-12-2011, 03:46 PM

motorhead · 10-12-2011, 04:00 PM

I wish they would. That would be cool.

the Chord motor company or Fevy motor company.

chevy 3 · 10-12-2011, 04:05 PM

Noooooooooooooooooooooooooo!!!!!!!! I just threwup in my mouth

10-11-2011, 01:55 PM	#1
SVT_SRT Drives: 2009 Shelby GT500 Join Date: Oct 2009 Location: Port Orange, FL Posts: 203	ford and gm were gonna merge???? WHAT? interesting... http://www.bloomberg.com/news/2011-1...tml?cmpid=yhoo General Motors Co. (GM) Chief Executive Officer Rick Wagoner secretly proposed a merger with Ford Motor Co. (F) in 2008, a year before GM’s bankruptcy filing, the New York Times reported. Ford Chairman Bill Ford and Chief Executive Alan Mulally held talks with Wagoner before turning down the offer, according to the article, adapted from Bill Vlasic’s ‘Once Upon a Car: The Fall and Resurrection of America’s Big Three Automakers -- G.M., Ford and Chrysler,’ to be published Oct. 4. __________________ 2009 GT500 11.3 @124.7 (CAI/pulley/tune/xpipe) 560/558

10-11-2011, 02:04 PM	#2
DGthe3 Moderator.ca Drives: 05 Grand Am GT Join Date: Jul 2007 Location: Niagara, Canada Posts: 25,366	Talk and action are 2 very different things. They could have talked about it for as long as they wanted, but that doesn't mean that they were actually going to do anything about it. __________________ Note, if I've gotten any facts wrong in the above, just ignore any points I made with them __________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!! __________________ Camaro Fest sub-forum

10-11-2011, 05:54 PM	#3
BowtieBelle They see me trollin'... Drives: 217 ci of fury; Chauffeured by SS Join Date: Jul 2011 Location: Oklahoma Posts: 13,875 View My Garage	I wouldn't bet on that EVER happening, whatever talks they are referring to. __________________ "Never race anything you can't afford to light on fire and push off a cliff." -CamaroSpike 2011 Custom LT/RS: Bella's Build Thread

10-11-2011, 05:55 PM	#4
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	GM and Chrysler considered it too. But this is ancient history. Automakers talk about doing stuff together all the time. __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)

10-12-2011, 12:09 AM	#8
LimaCharlie Drives: 2011 Camaro SS/RS - 2004 Silverado Join Date: Mar 2010 Location: Las Vegas, NV Posts: 2,989	I remember reading about this in 2008. It will never happen. It's like Coca-Cola and Pepsi merging together. __________________ 2011 Summit White Camaro 1SS/RS -6.2 LS3, TR6060, 3.45, G80 2004 Black Silverado 1500 2WD Regular Cab, Short Bed -5.3 LM7, 4L60E, 3.42, G80 2014 White Caprice PPV -6.0 L77, 6L80E, 2.92, G80

10-11-2011, 07:49 PM	#5
bigjohns97 Drives: 2011 5.0 Join Date: Oct 2008 Location: Pearland, TX Posts: 57	LOL nothingtoseehere.jpg

10-11-2011, 08:43 PM	#6
8cd03gro Drives: 2005 STi corn fed Join Date: Jul 2008 Location: Colorado Posts: 2,997	That would have been a bad decision for both of them.

10-11-2011, 10:18 PM	#7
Berean Drives: Truck Join Date: Apr 2010 Location: Home Posts: 2,439	Every fanboy's head would have exploded as they realized their paradigm has just been destroyed.

10-12-2011, 03:25 PM	#9
ponbigi Drives: 2011 CAMARO LS Join Date: Sep 2010 Location: Chandler, AZ Posts: 326	Could you imagine? ford + chevy merger http://www.mlive.com/lansing-news/index.ssf/2011/10/new_book_says_general_motors_w.html New book says General Motors wanted to merge with Ford A new book chronicling the financial collapse of General Motors and Chrysler in 2008 reveals new details about just how desperate the situation was for the giants of the automobile industry. New York Times reporter Bill Vlasic's new book, "Once Upon A Car," relates the fiscal turmoil facing General Motors in the months leading up to the financial collapse. "[In] July of 2008, the CEO of General Motors, Rick Wagoner, decided to approach Bill Ford and Alan Mulally, the Chairman and Chief Executive of Ford Motor Company, about a merger. The way I describe it in the book is, 'this would have been the moment when the Big Three would really have become the Big One.' [It was] completely out of character for GM to do this and turned down flat by Ford Motor Company," Vlasic told WKAR. General Motors and Chrysler both filed for bankruptcy and were "bailed out" with an infusion of government loans. Vlasic said there's no reason for the Big Three to not be competitive in the global car market.

10-12-2011, 03:36 PM	#10
RED DEMON SS OFF THE CHAIN Drives: PSHHH UWISH Join Date: Sep 2011 Location: This Side Of Hell Posts: 8,406 View My Garage	That would have been absolutely disastrous! __________________

10-12-2011, 03:41 PM	#11
Wakemaker89 Drives: 2020 Summit White LT1 M6 Join Date: Sep 2011 Location: Dallas, TX Posts: 1,033 View My Garage	No telling what might have happened with the camaro had they merged! __________________ 2020 Summit White LT1 M6

10-12-2011, 03:46 PM	#12
Madness11 086YN Drives: Black 2SS/RS Demon of Madness Join Date: Aug 2011 Location: Conroe, Texas Posts: 454

10-12-2011, 04:00 PM	#13
motorhead Drives: Love the one you're with Join Date: Sep 2009 Location: Downtown Charlie Brown Posts: 11,849	I wish they would. That would be cool. the Chord motor company or Fevy motor company.

10-12-2011, 04:05 PM	#14
chevy 3 NEcamaro5 Drives: Black 2ss rs 1LE Join Date: Apr 2009 Location: mass Posts: 4,329 View My Garage	Noooooooooooooooooooooooooo!!!!!!!! I just threwup in my mouth