18 September 2006

And Then There Was One?

First, there were the big three, General Motors, Ford and Chrysler. Then, Daimler, whose flagship brand in Mercedes, merged with Chrysler creating Daimler-Chrysler. Now, it appears that General Motors and Ford discussed a merger in July of this year.

The New York Times' "Deal Book," while acknowledging that the discussions may have taken place, calls a deal unlikely, comparing it to "two drowning swimmers in a watery embrace."

Via NewMexiKen.

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