FCA Woos Potential Buyers
FCA woos potential buyer GM even after acquiring millions from Crysler and now the Fiat founding family want's to unload the company. Link
Forum Discussion
GBuilders wrote:
How could GM have the money to buy anyone? It wasn't long ago when GM was bailed out by the U.S. I'm sure they are in better shape now after the buyout but seams they are still a financially weak company but I'm not sure if there are any really strong auto companies left that have lots of cash and little debt?
As of Dec. 31, 2014 GM held 25.2 billion in cash. They recently announced a 5 billion dollar stock buyout. They do seem to be financially sound.
