H/T – CNBC
Shortly after The Wall Street Journal reported in today’s editions that GM and the Chrysler Automotive division of DaimlerChrysler were in discussions to jointly develop a replacement for the Chevrolet Suburban/GMC Yukon XL, the trade magazine Automotive News extrapolated that and earlier reports that DaimlerChrysler was looking to sell Chrysler into claiming that GM was in discussions to buy Chrysler.
Most analysts, including CNBC’s, are discounting the larger buyout. Personally, I think about the only benefit to GM would be that it would hold off Toyota’s bid for being the world’s largest automotive producer for a few more years.
