What do you think about the possible buyout of Chrysler by GM.?

Question

Your constructive thoughts, pros & cons.

Answer 1

I don't think you have to worry about that, I really don't think that will happen and if it does it might be a good thing for both of them to be able to gang up on the foreign competition.

Answer 2

Usually this just fuels speculations between analysts... any financial analyst will say anything to spark interest and stock growth to benefit THEIR house brokerage firms We always tend to remember when someone starts a rumor that later is proved true, we never hold the ones accountable that are wrong.

As anything else, both GM and Chryslters have their pros and cons, but really, when your buying a house with a broken foundation, its just time before it starts to crumble.

There's higher chances are Hyundai buying them out. If GM does it, it's only to try and stay on top.

Chrysler has always been a one-hit wonder each generation... You had the Minivans for the 80s, the LHS sedans in the 90s, PT Cruiser towards the end, and maybe the new 300 based vehicles now (even though 30-40% go to low profit fleet sales).

Unfortunately it's other factors within the company, such as employees, UAW bargaining, insurance costs, just overall increasing costs that handicap a company.

While some like to point fingers at the company themselves, looking at the big picture, people must ask themselves, it's only a matter of time before another manufacturing job goes overseas. Follow the money upwards and it's the lawmakers, the representatives, and the politicians WE vote for, that are creating an environment for this to take place.

Foreign automakers have governments that work for them. Japan purposedly manipulates it's currency, the Yen to help their manufacturer's post record profits. It's a shame we dont have a government working for our benefits here in the U.S.

Answer 3

That's funny, I can remember when GMs own financial annalists told them to get out of the car business.
They make booku more bucks on other things, GM is a huge global player in many things including aerospace, defense contracts, raw oil, and medical technology's.
If they quit making cars tomorrow their stock would rise and possibly split.

Answer 4

GM is trying to stay on top, because TOYOTA is in the chase. TOYOTA is in nascar, trophy trucks, and all sorts of racing. You see the new TUNDRA!!! six speed auto, huge inside, beefy suspension and an awsome v-8 motor!!! It won't be too long until TOYOTA buys out GM!!! LOL

Answer 5

HOLY COW when did you hear that? My husband works at Chrysler.... has 7 years till retirement!!!!!

Answer 6

all i know is that if that happened i would cry!! but it isn't gonna happen trust me.