Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

GM and Chysler merger?

by Tony Sagami on October 10, 2008

in Asian Market, Stock Market in China

My last post was about China auto sales and here isanother news story that I was shocked to see: General Motors and Chrysler are considering amerger? 

I know the auto business is tough but I doubt that the marriage of two trouble companies would make things any better.You’d just end of with one mega-sized company in trouble instead of two companies in trouble.

Related posts:
  1. Starbucks warns about 2009 Starbucks warned last night that 2009 would be a very tough year. “As a retailer that is dependent upon consumer...
  2. Chinese auto sales rebound in February General Motors (GM: 0.00 N/A N/A) raised its sales growth forecast in China from 3% to 5%-10%. How come? Auto...
  3. Auto sales slow in China I read several headlines moaning about slowing auto sales in China. It is true that auto sales have dropped for...

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

I agree to the Terms and Conditions of this blog.

Previous post: IMF still see bright future for China

Next post: Auto sales slow in China