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Auto Industry News, DC Diatribes

Treasury says no cash for GM, Chrysler merger talks stalled, Renault hookup rumors persist

The tumultuous storyline of the GM – Chrysler merger reads like a script fit for Hollywood. Both need each other to survive.Neither can make it alone.But parties on both sides have a lot to lose.

And with today’s news from the Treasury, the White House — and even Renault — the story gets messier . . . → Read More: Treasury says no cash for GM, Chrysler merger talks stalled, Renault hookup rumors persist