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Politics : Welcome to Slider's Dugout
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To: Fun-da-Mental#1 who wrote (7824)1/27/2008 1:18:46 PM
From: wildandwonderful   of 50761
 
Both companies were struggling with overcapacity, shrinking market shares and high labor costs.Lot of their Product lines overlapped.
GM's own business was on the verge of BK,and they were fighting for their own survivsl, therefore to go out and buy Chrysler did not make much sense.
They looked at it hard and made the right decision to walk away.
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