GM-Ford merger talks sign of times?
#1
GM-Ford merger talks sign of times?
"General Motors Corp.'s talks with Renault SA and Nissan Motor Co. on a possible alliance, and reports Ford Motor Co. may be pursuing a big deal with one or more of the three, are signs of what one analyst calls growing "coopetition" among automakers............."
http://www.detnews.com/apps/pbcs.dll...DATE/609180420
Well,times are getting tough for US car makers again. They were great with SUVs for a decade, that's all but over now. I for one have little confidence in stable gas prices, it seems a lot of folks are ditching the SUVs. Try and trade one in and see what they'll give you. I got My Rainier at 2/3 of retail and it was only worth half of that ten months later according to any dealer I approached about a trade.
Anyway, a lot of amalgamation is going on across manufacturers as we all know with our Ecotec engines. Or my former PonToyota Vibe. etc......
I wonder what GM and Ford could offer each other besides shoulders to cry on. Time will tell.
http://www.detnews.com/apps/pbcs.dll...DATE/609180420
Well,times are getting tough for US car makers again. They were great with SUVs for a decade, that's all but over now. I for one have little confidence in stable gas prices, it seems a lot of folks are ditching the SUVs. Try and trade one in and see what they'll give you. I got My Rainier at 2/3 of retail and it was only worth half of that ten months later according to any dealer I approached about a trade.
Anyway, a lot of amalgamation is going on across manufacturers as we all know with our Ecotec engines. Or my former PonToyota Vibe. etc......
I wonder what GM and Ford could offer each other besides shoulders to cry on. Time will tell.
#2
I think they (GM and Ford) will be quick to point out that an "alliance" is quite different than a "merger", all the major players have contributed to different alliances over the years.....for the better of all.
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HHR PNOY
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07-03-2006 07:11 PM