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Sunday, October 12, 2008

Desperate car makers talk merger

GM, Ford and Chrysler are trying to survive this wicked economy by huddling with their competition to make a merger game plan. Arch rivals, #1 GM/ #2 Ford/ #3 Chrysler. Wow!! this should be interesting. While there may not be huge savings in putting the two largest U.S. car companies together, they could improve margins by closing some of their poorest performing brands. The auto industry is in serious trouble right now, so, whatever works for them.

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