Labor Laughs at GM – Chrysler Merger
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Automotive News [sub] reports that United Auto Workers (UAW) chief Ron Gettelfinger is against the nevergonnahappen GM-Chrysler merger. Sort of. “I personally would not want to see anything that would result in a consolidation if that would mean the elimination of additional jobs,” Gettelfinger said. “But until we get into actual discussions, we can’t just speculate on what is going to happen. We have to know the situation, and then we can deal with it.” New CAW President Ken Lawenza is holding off on making any “if”-dependent statements on the matter until getting more details from GM and ChryCo. “We have already tried to contact the companies. We’re waiting for calls back,” Lewenza tells Reuters. Ken could be waiting for a while though, because the two firms probably haven’t even worked out the deal’s details yet. If there is a deal. Which there probably isn’t. Reaction on the other side of the pond is equally supportive…
![Edward Niedermeyer](https://cdn-fastly.thetruthaboutcars.com/resources/imgs-responsive/avatar-letters/avatar-E-1ABB71.png?size=91x91)
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- Lou_BC Well, I'd be impressed if this was in a ZR2. LOL
- Lou_BC This is my shocked face 😲 Hope formatting doesn't fook this up LOL
- Lou_BC Junior? Would that be a Beta Romeo?
- Lou_BC Gotta fix that formatting problem. What a pile of bullsh!t. Are longer posts costing TTAC money? FOOK
- Lou_BC 1.Honda: 6,334,825 vehicles potentially affected2.Ford: 6,152,6143.Kia America: 3,110,4474.Chrysler: 2,732,3985.General Motors: 2,021,0336.Nissan North America: 1,804,4437.Mercedes-Benz USA: 478,1738.Volkswagen Group of America: 453,7639.BMW of North America: 340,24910.Daimler Trucks North America: 261,959
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Wow, that photo reminds me of the 60's, The Jefferson Airplane at the Fillmore. Peace.
Chrysler's legacy costs alone could swamp the combined bank accounts of GM and Chrysler. GM's legacy costs alone would do the same. Two separate companies means two chances to duck out of legacy costs and have something survive. A combined company means just 1 chance to duck out of both costs in order to survive. So, looks like the odds of something surviving would be cut by a factor of 4 if they combine.