G.M. Talked With Ford About Merger, Report Says
As Detroit waits to learn whether General Motors will pursue a tricontinental alliance with Nissan and Renault, word has emerged that the company briefly pondered a linkup with an archrival in its own backyard. Executives at GM and Ford Motor, according to a report on Monday in Automotive News, a trade journal, held discussions about a partnership or merger this year. Managers from the two companies, whose headquarters are within sight of each other on a clear day, began meeting in July. The discussions are no longer occurring, the report said, and no further action is expected.
See "G.M. Talked With Ford About Merger, Report Says", Nick Bunkley, New York Daily News, September 18, 2006