Tell Me It Ain't So!

[redvet]

Oh, the humanity!

From Automotive Digest.com:

12) GM, Ford Alliance in the Cards?Situation

• Lapham sees "arranged marriage" between Ford, GM as solution to current crisis
• Creation of "powerhouse" would necessitate selloff of Ford's 4 European brands
• Ford vs Chevy? Ford, all-America brand, Chevy foreign brand small-car competitor
• Would have to ditch some or all of Lincoln, Mercury, Buick, Pontiac

Significance

• Lapham recalls others mergers of 20th century, including Chrysler/American Motors
• Lapham cites need to protect American supplier base to keep our defenses strong
• Ford, GM together control less than 45% of US market--much stronger as team
• Worldwide, shared platforms could work; domestically, too many brands

 

[vett boy]

Fords euro production (except Jag has been doing fairly well.On the domestic front one expert stated that GM/Ford don't need to catch up,they need to leap ahead.