2007-06-18 10:20:45 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
The UAW is talking about health care concessions with the new Chrysler. This is a good sign for the industry.
The possibility of GM being bought out may have also risen a little. That never hurts shareholder value.
Personally, I think "gloom and doom" talk about GM got out of hand last year. I still would not want my retirement money in it though.
2007-06-18 10:45:33 · answer #1 · answered by Menehune 7 · 1⤊ 0⤋
Kirk Kervorian made a major investment in gm a while back.Hes one of those like warren buffet almost everything they touch turns to gold.The auto industry is very cyclical and merging with other companies may be in the works Kervorian sees something.
2007-06-18 18:43:48 · answer #2 · answered by genora c 1 · 0⤊ 0⤋
More buyers than sellers
2007-06-18 17:36:54 · answer #3 · answered by Marc A 1 · 1⤊ 0⤋