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Non-Tech : GM - General Motors
GM 71.07+0.5%3:59 PM EST

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To: Zhivago who wrote (86)7/13/1998 12:14:00 PM
From: Bert Klimer  Read Replies (2) of 543
 
What was that that Caterpillar did with their striking workers? Do you think GM could do the same and shut the UAW out of their plants? I heard a far fetched rumor that possibly Toyota could buy GM. If you think about it, they have the capital structure to do it. They have a strong global market, but they are slacking in North America. If they buy GM, they could gain a strong North American market share, consolidate and save in manufacturing costs. Also they could spin off Hughes and Delphi and could get the car company relatively cheap. I don't think it will happen in the near future, but if the yen gets stronger, maybe they will do something in the next five years.

Bert
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