Chrysler halts talks with Nissan, Treasury says no money for merger

So it would seem that Cerberus has no intention of not selling most of their stake in chrysler.  If Nissan had some to the table with more than 20% in their offer Cerberus probably would have taken more time to consider that deal.  For now we’ll have to settle for Chrysler making Nissan’s Titan and [...]

My thoughts on GM/Chrysler

First, I want to point out that most mergers in history are not successful.  Second, I would like to point out that most mergers happen between a company that is doing well and a company that is doing poorly or between a company that is doing well and a company that is doing ok.  I [...]

Renault-Nissan looking to buy 20% of Chrysler

Renault-Nissan has a presence in the US market through Nissan, but it’s a small one.  The company has been looking for a partner in the US for some time now, they’ve proposed alliances with GM in the past.  Now, at a time when Cerberus seems like it wants to get out of the car business [...]

GM having trouble securing cash for merger

According to a Wall Street Journal report, talks between General Motors and Cerberus/Chrysler are “floundering” as GM is having a tough time finding investors who would be willing to finance any deal between the two US automakers. General Motors and Chrysler have been suggesting a plan that would save $10 billion while at the same [...]

Renault not in talks with Cerberus

With all the rumors flying around about the chrysler sale and or merger many journalists have posited that Renault-Nissan is one of the potential buyers.  It makes sense, afterall, Nissan and Chrysler have a close relationship right now.  Starting in 2010 Chrysler will build the Nissan Titan and Nissan will build a small car for [...]

Financial issues with Chrysler/GM merger

While there are many sites and journals and blogs out there reporting that GM and Chrysler are just a hair away from merging one is reporting of the financial roadblocks to such a merger.  As it stands right now Cerberus has stated that they want to retain a major stake in any combined company, it’s [...]

Chrysler and GM talk merger

The NYTimes is reporting that Chrysler and GM have been in talks for about a month now.  From the article: General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big [...]