GM, Ford Could Merge or Form Alliance

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Executives of General Motors Corp. and Ford Motor Co. have discussed a possible merger or alliance, the Associated Press reports, citing the trade journal Automotive News. Both companies declined comment.


Automotive News quoted what it said were several people familiar with the talks as saying that discussions involving senior executives began in July and are not taking place now.


The journal quoted one source as saying that GM Chief Financial Officer Fritz Henderson and his Ford counterpart, Don Leclair, discussed a GM-Ford alliance in August.


Read the full Associated Press story

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