Automotive News insists GM and DCX talking buyout
We've already talked about why GM purchasing the Chrysler Group would be the biggest bone-head move of all time. To recap, the two automakers have many products that compete directly with each other, the Chrysler Group's product portfolio is farther behind GM's with less to be optimistic about in the pipeline, the last thing GM needs is more production capacity in the U.S., and absorbing legacy costs and additional UAW workers would be a nightmare. As a point of fact, automakers talk to each other all the time. It's time media outlets quit screaming "Buy out!" every time Rick Wagoner says hello to someone.
[Source: Automotive News]
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