GM absorbs Chrysler? Desperate times call for desperate measures, and with the Cerberus gang looking to make some money from their acquisition of Chrysler from Daimler a year ago, Cerberus certainly has an incentive to cut their losses.
But what about GM? The Detroit News’ Daniel Howes does a good job of going into why this might not be a crazy as it sounds in the story above.
My brother and I were talking yesterday about this, and asked if it was true that Chrysler's Auburn Hills HQ was designed in the 1990s so that it could turned into a should Chrysler vacate the premises. I assured him that it could . . . but Oakland County would be devastated by such a loss, so what retailers would sign leases there, especially with Somerset five minutes away?http://www.thesomersetcollection.com/
Thursday, October 16, 2008
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