Negotiators hope to finalize a merger agreement between General Motors (GM) and Chrysler before the presidential election and are lobbying for government financial assistance to help clinch the deal, says a source who has been briefed on the talks.
— GM-Chrysler push for quick deal (via mikehudack)
Wait, GM and Chrysler are trying to merge? I missed that. That’s huge. Now they’ll be one huge mediocre car company making low-quality cars with awful design sense that no sensible consumers will purchase.
It’s like what the merged Microsoft-Yahoo result would have been. Except Microhoo! would have been able to stay afloat in constant mediocrity without begging the government for money.