02-19-2007, 09:23 AM
I think that the merger of Chrysler and GM probably won't happen, both are in the red and a large amount of debt in one company until they become profitable, if they before profitable. I really hate to say it but the unions have been putting a damper on the Detroit automakers. its hard to make a profit when you have to pay for retirement plans and other things like that.
I believe the only likely merger would be between Nissan/Renault and Chrysler, and that would be a bit of a gamble for Nissan/Renault although their CEO has turned around two struggling automakers in two different markets, and is looking for a North American partner. This merger/acquisition seems to be possible since Nissan/Renault actually has money to turn Chrysler around.
I believe the only likely merger would be between Nissan/Renault and Chrysler, and that would be a bit of a gamble for Nissan/Renault although their CEO has turned around two struggling automakers in two different markets, and is looking for a North American partner. This merger/acquisition seems to be possible since Nissan/Renault actually has money to turn Chrysler around.
'03 Focus SVT