Jim Cramer on What the Fiat-Renault Merger Proposal Means for GM and Ford
https://www.thestreet.com/video/jim-cramer-fiat-chrysler-renault-merger-proposal-generalmotors-ford-video-14973460
So what would this merger mean for major U.S. auto companies like General Motors and Ford ( F - Get Report) ?
"I mean GM and Ford are doing quite well by getting out of areas that aren't profitable," Cramer said.
GM lost money for over 20 years in Europe.
They sold their European operations to PSA, and PSA turned a profit with those same operations the year after the close.
Talk about GM mismanagement.
Crammer the Clown is wrong more than the local weatherman
"I mean GM and Ford are doing quite well by getting out of areas that aren't profitable," Cramer said.
You mean getting booted out of areas that other companies find profitable.
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Honda is a partner and works with GM already. What does GM bring to the table, Money and lots of it.
Why would Honda want to partner with GM?
What does GM bring to the table?
Not sure about Tesla
Honda is good
GM,Honda and Tesla should merge. GM builds good trucks, Honda builds a good car, and we'll Tesla has promise. Bingo ! Get it done ! And let's move on from this mess.