Report: GM-Chrysler merger talks not true

The Wall Street Journal reported that unnamed sources had discussed that General Motors and Chrysler had discussed another potential merger in lieu of the failed bailout vote. However, this has been denied vehemently after it was released.

"We are not in merger talks with Chrysler," said GM spokesman Tony Cervone in response to an Inside Line query Thursday morning. "We stated in November that any talks related to a potential merger were tabled so we could focus on our liquidity situation. That remains the case."

So, you think this is true? Methinks something is up...but a definitive merger discussion at this point, to me, would be just as a failsafe, although not even that is an end-all be-all.

Recent Entries:
· 2011 Ford Explorer
· Honda Announces Mileage Marathon Winner
· Cadillac Converj is GM's next electric car

[ READER COMMENTS ]

Add your comments...

We kindly ask that you keep your comments relevant to this blog entry. Abusive or inappropriate comments or comments that are specifically promotional in nature may be removed.

Your Name: (required)

Your Email Address: (required, will be kept private)

Your Website's URL: (optional)

Would you like us to remember your info for next time?
YesNo

Your Comments: