Skip to content

Limerick Independent

Home arrow Motoring arrow Motoring arrow Reports of GM/Ford merger
Reports of GM/Ford merger E-mail
Written by Staff Reporter   
Wednesday, 22 October 2008
THE SHARES in General Motors and Ford have taken a lift after reports that they were involved in merger talks with each other and with Chrysler.

Investors were impressed by the prospect of a giant American carmaker that could make a fresh impact on the current weak global car market.

In the first official comment on developments, Bob Nardelli, Chrysler’s chief executive, told staff that he was talking to a number of parties about potential tie-ups.

Ford declined to comment on the merger report, but a GM spokesman said: “GM officials routinely discuss issues of mutual interest with other automakers. As a policy, we do not confirm or comment publicly on those private discussions, which, in many cases, do not lead anywhere.”


Comments (0) »
feed


Write the displayed characters


busy
 
User Rating: / 0
PoorBest 
Share:
Digg
Delicious
NewsVine
Reddit
Technorati
YahooMyWeb
Spurl
< Prev   Next >

Visit our Games and puzzles section