General Motors, Ford Discussed Merging in 2008, NYT Reports
General Motors Co. (GM) Chief Executive Officer Rick Wagoner secretly proposed a merger with Ford Motor Co. (F) in 2008, a year before GM’s bankruptcy filing, the New York Times reported.
Ford Chairman Bill Ford and Chief Executive Alan Mulally held talks with Wagoner before turning down the offer, according to the article, adapted from Bill Vlasic’s ‘Once Upon a Car: The Fall and Resurrection of America’s Big Three Automakers -- G.M., Ford and Chrysler,’ to be published Oct. 4.
To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net
To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net
Rick Wagoner
Jeff Kowalsky/Bloomberg
Rick Wagoner, seen here as chairman and chief executive officer of General Motors Corp.
Rick Wagoner, seen here as chairman and chief executive officer of General Motors Corp. Photographer: Jeff Kowalsky/Bloomberg
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