GM said to be in talks with Chrysler
October 11th, 2008 Leave a comment Visited 20 times, 1 so far today
GM said to be in talks with Chrysler
Market reports are now talking about rumors of possible talks between GM and Chrysler for a possible merger.
GM and Chrysler are the 1st and 3rd largest American automakers and both are struggling in these hard times to stay competitive in their home market.
A possible merger between the two companies can help them cut costs and enhance their cash reserves.
Both GM and Chrysler have declined to comment on these latest rumors in the media.
GM recently stated that though they were struggling, bankruptcy was just not an option for them.
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