- Nov 3, 2008
Chrysler stops talks with Nissan/Renault in favor of GM
We've never been at the table of a multi-billion dollar negotiation before, but we're pretty sure it's better to be sitting across the table from more than one company that wants what you've got. At this point, the once preposterous idea of GM merging with/buying/devouring Chrysler seems likely, and only a presidential election and a few billion dollars stand in the way of its completion.
[Source: Automotive News, sub. req'd]