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GMC Defined

See: Guaranteed Mortgage Certificate

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GM needs cash for Chrysler deal

Published October 12, 2008, 4:20 am, The Charlotte Observer

For General Motors to acquire Chrysler and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts. With both automakers struggling to survive amid slumping sales, a slowing global economy and an unprecedented credit crunch, it's unclear whether Chrysler's majority owner, Cerberus Capital Management, would be willing to pay up, or whether the ...

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Business people

Published October 12, 2008, 3:16 am, Fort Wayne Journal Gazette

Kelly Harris of Source One Solutions passed the Cisco Advanced Wireless Test for account managers. Photo caption: Lew

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GM-Chrysler deal has analysts skeptical

Published October 11, 2008, 11:03 pm, Lexington Herald-Leader

DETROIT . For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, industry analysts say. With both automakers struggling to survive amid slumping sales, a slowing global economy and an unprecedented credit crunch, it's unclear whether Chrysler's majority owner, Cerberus Capital Management LP, would be willing to pay ...

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Carmaker merger may hinge on cash

Published October 11, 2008, 10:06 pm, Memphis Commercial Appeal

For General Motors Corp. to acquire Chrysler LLC and all of its problems, GM would have to get cash as part of the deal. Lots of it, according to industry analysts.

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Analysts: GM would need cash to acquire Chrysler

Published October 11, 2008, 10:00 pm, Tri-City Herald

For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts.

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GM, Cerberus's Chrysler Are Said to Hold Merger, Alliance Talks

Published October 11, 2008, 9:47 pm, Bloomberg

Oct. 12 (Bloomberg) -- General Motors Corp ., the largest U.S. automaker, is in early talks with Cerberus Capital Management LP's Chrysler LLC about a merger or partnership, five people with direct knowledge of the discussions said.

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GM, Chrysler Eye Merger

Published October 11, 2008, 9:25 pm, The Tampa Tribune

General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks.

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Local dealers wonder about possible impact of GM, Chrysler deal

Published October 11, 2008, 7:34 pm, The News-Press

DETROIT - General Motors Corp.

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DEALTALK-Chrysler: a lemon at any price for GM?

Published October 11, 2008, 6:51 pm, Reuters via Yahoo! Philippines News

By Jui Chakravorty Das and Kevin Krolicki

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Acquisition talks: About the automakers

Published October 11, 2008, 3:02 pm, El Paso Times

GENERAL MOTORS CORP. ASSETS: GM, founded in 1908, sells its cars and trucks under the Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling brands. It also owns the OnStar network and its Service and Parts Operations.

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