A potential merger between General Motors Corp and Chrysler LLC could result in the closing of at least four more of the No. 3 U.S automaker’s factories while 16 of its vehicle models were at risk of being eliminated, according to a study by Grant Thornton.
A merger between GM and Chrysler is the best option under the circumstances, said Kimberly Rodriguez, principal of Grant Thornton’s automotive practice. “It’s not optimal but positive in the current environment,” she said. More
Courtesy: economictimes.indiatimes.com
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