So reading thru some Wallstreet rumors and millings. There seems to be talk of a Merger inbetween the big 2, and how it will be needed to combat against the FCA merger with Renault.
A Ford And GM Merger Is a Possibility?
Although I personally dont ever see it happening, and is more likely to happen inbetween Nissan or Mazda and Ford (since they were bed partners before) before it ever happened with GM.
But I have been wrong before.
Fords US market share has dropped by 17%. Where GM's has stayed at a flat 0%. Staying flat, although not good for business growth, it also means you arent loosing business. But 17% loss.. Thats huge in a market with this much competition. If a merger did happen, some names would have to go. Buick? GMC? Lincoln? Cadillac? Maybe even the staple brand names.. Ford? Chevrolet?
The bailout that Ford took back in the market crisis under Obama's administration was quite a bit different from what GM and MOPAR took (and Yes, Ford did take a bailout, just different because of government contracts). How did GM recover so well, and pay back the bailout, where Ford has steadily declined, although the bailout was payed back.
But then again, this could all be rumor mill, and it never happens..
A Ford And GM Merger Is a Possibility?
Although I personally dont ever see it happening, and is more likely to happen inbetween Nissan or Mazda and Ford (since they were bed partners before) before it ever happened with GM.
But I have been wrong before.
Fords US market share has dropped by 17%. Where GM's has stayed at a flat 0%. Staying flat, although not good for business growth, it also means you arent loosing business. But 17% loss.. Thats huge in a market with this much competition. If a merger did happen, some names would have to go. Buick? GMC? Lincoln? Cadillac? Maybe even the staple brand names.. Ford? Chevrolet?
The bailout that Ford took back in the market crisis under Obama's administration was quite a bit different from what GM and MOPAR took (and Yes, Ford did take a bailout, just different because of government contracts). How did GM recover so well, and pay back the bailout, where Ford has steadily declined, although the bailout was payed back.
But then again, this could all be rumor mill, and it never happens..