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WSJ: GM, Chrysler Explore SUV Tie-Up

  • 15th Feb, 2007 at 12:31
DaimlerChrysler AG's Chrysler Group and General Motors Corp. are in talks to jointly develop a large sport utility vehicle like the Chevrolet Suburban, which Chrysler doesn't have in its current lineup.

The talks have been going on for six months and no conclusion has been reached yet, said a person familiar with the situation. If a deal is reached, it would save development costs for Chrysler, which had a $1.5 billion operating loss for 2006.

"Sometimes we can't do vehicles affordably so this would be a strategic partnership," the person said.
Idiots. You're supposed to make autos that people actually want to buy.

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