Chuck
02-16-2007, 02:03 PM
DETROIT, Feb 16 (Reuters) - General Motors Corp. (GM.N: Quote, Profile , Research) is in talks to buy the Chrysler Group in its entirety, Automotive News reported on Friday, citing unnamed sources in Germany and the United States.
The automotive trade publication reported on its Web site that high-level talks were talking place between GM and Chrysler Group parent DaimlerChrysler AG.(DCXGn.DE: Quote, Profile , Research)
The potential deal between the two automakers could go beyond cooperation on joint development of a large sport utility vehicle, the magazine said.
A spokesman for GM could not be immediately reached for comment
I don't get it - GM just shed among other things Delphi and GMAC, and now they are considering getting an automaker with duplicate lines? :confused: The Daimler Chrysler merger should have been ideal because each had what the other lacked:
Chrysler: trucks, affordable cars, plenty of outlets or Mercedes
Daimler: luxury cars and capitalBest guess is Daimler just neglected or did not "get" Chrysler.
Anyway, I have a picture of a joint SUV at the 2008 Detroit Auto Show: (curtain rising):
The RAMMER
a hip-hop group (GM RAMMER?) plays lauding this as the baddest vehicle on the road.
The automotive trade publication reported on its Web site that high-level talks were talking place between GM and Chrysler Group parent DaimlerChrysler AG.(DCXGn.DE: Quote, Profile , Research)
The potential deal between the two automakers could go beyond cooperation on joint development of a large sport utility vehicle, the magazine said.
A spokesman for GM could not be immediately reached for comment
I don't get it - GM just shed among other things Delphi and GMAC, and now they are considering getting an automaker with duplicate lines? :confused: The Daimler Chrysler merger should have been ideal because each had what the other lacked:
Chrysler: trucks, affordable cars, plenty of outlets or Mercedes
Daimler: luxury cars and capitalBest guess is Daimler just neglected or did not "get" Chrysler.
Anyway, I have a picture of a joint SUV at the 2008 Detroit Auto Show: (curtain rising):
The RAMMER
a hip-hop group (GM RAMMER?) plays lauding this as the baddest vehicle on the road.