Chrysler Motors?

So number 1 and number 3 are in merger talks? Too bad it didn't work out with number 2 GM. It would be ideal for Cerberus (the private equity company that owns Chrysler) and GM to merge because it would make it the largest auto maker in the world and keep it "all in the family" so to speak (keep it American) instead of selling Chrysler to Nissan. But neither company is in a position to do so. First, where is GM going to get the money? Out of the $21 Billion they claimed to have had after their 2nd quarter earnings/losses came out, they've spent $15.5 Billion already. Talk about mismanagement!! Both GM and Chrysler are struggling in this failing market, but then, who isn't? On the bright side, a merger would reduce costs as it would reduce overhead.

Hey, how about combining the operations of all the Big 3 American auto makers? They're all on the verge of a forced bankruptcy and if they merge what little assets they have left, even though it means the termination of countless employees, it may be the only saving grace for the Big 3. Really, what have they got to lose?