Rumor of the Day: GM may buy Chrysler Group
So neither side is talking about whether such talks exist, which leads one to speculate that there's some truth to these rumors. GM, however, would not seem to be in a position to purchase a rival domestic automaker with numerous competing products considering that it's just beginning to emerge from its own turnaround and restructuring plan. What's more, we can't imagine the complexities GM would encounter trying to absorb Chrysler's union workforce.
We bet DaimlerChrysler and GM are talking about something, but wouldn't put money on the subject being the wholesale purchase of the Chrysler Group.
Thanks to all who tipped on this!
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