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Old 18th October 2008, 08:55   #16
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GM brands sales can be obtained from GM's US site. Chrysler is privately owned and does not usually divulge disaggregated data, except perhaps in press releases or some media article.
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Old 8th November 2008, 17:42   #17
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GM-Chrysler merger talks have ended because of rapidly drying up funds. The auto-maker also warned that it could run of cash reserves in 2009.

Analysts said GM's situation appeared to be increasingly desperate. "If you look at the burn rates [of cash] they absolutely must have an infusion of capital and it appears the only option on the table for them is government support,"
GM said used up $6.9 billion in cash in the quarter, leaving its cash reserves at $16.2 billion. GM says it needs $11 billion to $14 billion to fund its operations,
Source: WSJ.

GM is also expected to slow down its product development schedule.
Source: CTV.

Add to that, latest issue of ACI reports that GM, India's expansion plans could face a slowdown because of the parent company's cash crisis.

Let's not forget Ford is also struggling to survive and the end of merger talks could well put the death nail into Chrysler. Unlike Ford and GM, Chrysler is almost totally dependant on the North American market for sales. Looks like by the time 2009 ends, the auto industry would have been radically re-shaped.
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