Despite Supposed Merger Talks and 'Transformation Plans,' Some Worry Ford and GM on the Brink of Collapse
The last few months have brought the collapse of some of the titans of the U.S. investment banking industry, sending shock waves through Wall Street and beyond. Now some are asking whether automobiles, another iconic American industry, will see its leaders suffer a similar fate.
In other words, will General Motors, Chrysler and Ford survive?
"Really, nobody knows the answer to that," said Aaron Bragman, a research analyst for the economic analysis firm Global Insight in Detroit.
"They've got... Full Story
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