Saturday, July 31, 2010

Merger Talks

Posted by Michael On October - 11 - 2008 ADD COMMENTS

Normally I don’t cover any non-UK automotive news, but this one is such a potential game changer that I had to mention it. The New York Times is reporting that Chrysler and GM are in preliminary merger talks.

As the article says, “A merger would be a historic event, with two of the most iconic names in American industry coming together to survive in an increasingly difficult environment. Both have roots dating back decades in Detroit and, with Ford, long dominated the auto industry — until Japanese and other foreign car makers began making inroads into the American market.”

Amazing times we live in.

Oh, and on another front, I dreamed last night that MG started producing a minivan and a Hummer-like SUV. Please, say it ain’t so. I need to stop eating spicy food before bedtime.

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