Archive: june 25, 2008

GM/Ford merger brought up in boardroom, immediately shot down

Filed under: Etc., Ford, GM
Of all the preposterous ideas floated around this, the new automotive landscape, none seem as ridiculous as Ford and General Motors merging together to create a singular domestic monolith. But according to a BusinessWeek source, the idea was recently floated by execs during a meeting of the General's general... and then shot down moments later.While we wouldn't describe this as a close call, the fact that it was even mentioned speaks volumes about the dire straits Detroit's Big 3 (or 2.8, if you prefer) are in. Between plummeting sales, increased material costs, high...

View full article at "Autoblog"


Tags: GM, General Motors, GeneralMotors, GeneralMotorsFordMerger, GmFordMerger, breaking, ford, general motors ford merger, gm ford merger



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