Thursday, October 30, 2008

Consultant: GM merger would eliminate most Chrysler vehicles
Ford wants 'parity' if government gets involved
DETROIT -- A merger between General Motors and Chrysler LLC would result in the closing of as many as half of Chrysler's factories and elimination of all but about seven core models, according to a report by consulting firm Grant Thornton LLP.
A deal also could result in a loss of 100,000 to 200,000 jobs at the two automakers, suppliers and other industry stakeholders, said Kimberly Rodriguez, ...
arrow story Published: Oct 30 2:50 pm U.S. Eastern time / Last changed: 10/30/08 4:00 p.m. EDT [REG]

1 comment:

Anonymous said...

The analysts are correct.. The merger will leave so many jobless the companies won't need any production in the first place. with that many people unemployed, nobody will be able to buy automobiles.
Have some sense people. Prevent the destruction of the US auto industry. Keep the companies seperate. Save the jobs & the economy.