Wednesday, February 14, 2007
GM & Chrysler Merger ?
Wow talk about a lot of down & right sizing if this happens. Tons more auto industry workers will be canned if this happens. As DaimlerChrysler Chief Executive Officer Dieter Zetsche said yesterday they are considering ''all options'' for the money-losing U.S. subsidiary. Now what shares of which company should I drop and buy immediately? GM's US. sales fell 8.7 percent last year, and Chrysler dropped 7 percent. Toyota gained 12.5 percent. Both GM & Chrysler ignored the market and wrongly kept focused on gas guzzlers. Can you just see the new red white and blue buy REAL all american ads for the new GMC (General Motors Chrylser, your all american gas -guzzler companion)? Don't count on any more Chief Executive Officer Dieter Zetsche funny Chrylser ads either considering his glum appearance in his financial video announcement. Meanwhile 13,000 jobs will be cut asap in North America to make it even more attractive to GM or others!...
Posted by Langley Free Press at 4:59 pm