December 12-2008:
A FORD & GM Merge-May Be Prudent!
GM-Ford & Crysler have come a long way capitalizing on the manufacturing and sale of their cars, and other vehicles locally and foreign.
But now the manufacturing climate has changed dramatically, and these companies, saddled with internal pensions, healthcare, and other worker/management agreements, are unable to recalibrate fast enough, to cater to the more consumer affordable, fuel efficient, environmental efficient vehicles, foreign owned, and more innovative models.
Holding on to these traditional Three Entities under this financial crisis and international globilization, will also make it even more difficult to remain competitive.
Therefore, it may be wise and financially prudent for Ford and GM to merge, thus making them more competitive, and giving them the leeway to make speedy internal changes that would allow for development, progress, innovation, and survival.
Derryck.
NYC.
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