ChryslerHyundai

On the same day that General Motors announced it would be discontinuing talks with Cerberus over a possible purchase of Chrysler, news hits by way of Reuters that a replacement suitor has sprung up. Wow, that didn't take long. The latest partner is none other than Hyundai, Korea's largest ...

"No thank you," Hyundai says to buying Chrysler. "We've got our hands full right now." That's a paraphrase of what a spokesman from the Korean company said in response to a report in a London newspaper that Hyundai wanted to buy Chrysler. Now the Times of London is reporting that J.P. Morgan has ...