GM-Chrysler: Stuck In Neutral NEW YORK (CNNMoney.com) ? General Motors and Chrysler both find themselves in too much trouble not to look at a deal. But those same troubles could make a combination too difficult to pull off. The two battered automakers are reported to be in talks about joining operations in order to cut billions in overlapping expenses. Experts say both companies need to consider such a radical move as a way to stop the bleeding. GM (GM, Fortune 500) has only about $21 billion in cash and Chrysler has $11
Tue, 21 Oct 2008 20:24:22 -0700 Carlos Ghosn seeks about 20% of Chrysler. The Renault-Nissan alliance is proposing to acquire around 20 percent of Chrysler LLC and bring the Auburn Hills automaker into the French-Japanese automotive partnership, according to sources familiar with the …
