Wall St. – Billy Durant – and 100 Years
October 17, 2008
I heard a report on the news of M&A talks between General Motors (GM) and Cerberus owned Chrysler Corp.
What goes around comes around.
Walter Chrysler started the company that bears his name because he was pissed off at his boss, GM’s Billy Durant.
So here in GM’s 100th anniversary, Walter could be coming home.
The automotive press are citing that current estimates put the automotive market down to about 13 million units. (Down from 16.2 mil for contrast)
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