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GM-Chrysler Inch Closer to Deal

Merger would create world's largest automaker

By Ambreen Ali, Newser User

Posted Oct 29, 2008 1:57 PM CDT

(Newser) – General Motors and Chrysler have ironed out the major issues in their proposed merger, bringing the troubled giants a step closer to becoming the world's largest automaker. The deal's final form will depend on financing and government support—of which GM is requesting $10 billion—... Read full story »

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GM-Chrysler Inch Closer to Deal

Merger would create world's largest automaker

Chrysler • Cerberus Capital Management • government spending • General Motors • merger • Rick Wagoner • US automakers • refinancing

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More Newser Stories

GM, Chrysler Revive Merger Talks

Chrysler's private equity owner signals willingness to give up a stake

GM-Chrysler Talks Pick Up Speed as Auto Sales Stall

GM, burning through $1B monthly, seeks a cash infusion, cost savings

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CEOs to make their case to the House tomorrow

Obama Should Campaign on Auto Bailout

Some Republicans were ready to let GM, Chrysler die: Jonathan Cohn

Big Three See Bumpy Road With 20-Somethings

Demographic key to rebuilding for US automakers

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