# Thoughts on GM/Chrysler merger

**URL:** <https://forums.speedlife.net/t/thoughts-on-gm-chrysler-merger/200121>\
**Category:** PittSpeed Off Topic\
**Created:** [October 13, 2008, 10:50am UTC](https://forums.speedlife.net/t/thoughts-on-gm-chrysler-merger/200121 "2008-10-13T10:50:59Z")\
**Posts on this page:** 1\
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**Author:** ![Habib88](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/habib88/32/3341_2.png) [@Habib88](https://forums.speedlife.net/u/Habib88)\
**Post date:** [October 13, 2008, 11:32pm UTC](https://forums.speedlife.net/t/thoughts-on-gm-chrysler-merger/200121/15 "2008-10-13T23:32:03Z")

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> [@Corrupt A Wish](https://forums.speedlife.net/t/corrupt-a-wish/38337/20):
>
> Isn’t Cerberus asking for a stake in GMAC? I thought I remembered reading something along those lines.

Yea I think it something closer to that, combining financial institutions to reduce cost as this article states.

> **[GM/Cerberus talks over full ownership of GMAC - Autoblog](http://www.autoblog.com/2008/10/12/gm-cerberus-talks-over-full-ownership-of-gmac/)**
>
> It's been a crazy few days as news broke that Chrysler and General Motors have been in talks to combine operations. It turns out that there's a pretty significant back-story to these proceedings, and it involves Cerberus Capital Management's possible...

BTW I wouldn’t be surprised if this all turned up for nothing. GM already went to Ford first asking if they wanted to talk. Ford decided they were better off on their own.

> **[NYT at it again: GM originally talked with Ford about merger - Autoblog](http://www.autoblog.com/2008/10/13/i-nyt-i-at-it-again-gm-originally-talked-with-ford-about-mer/)**
>
> Bill Vlasic, the man who was kind enough to drop the GM/Chrysler pseudo-bombshell on us late Friday night, posted a follow-up to his remarkably unremarkable story claiming that General Motors originally had talks with Ford about a possible merger...

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