Gm Chrysler Merger Talks Reported

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The talks between G.M. and Cerberus Capital Management, the individual equity firm that owns Chrysler, began more than per month ago, and the negotiations are not sure to produce an arrangement. Two people close to the process said probabilities of a merger were "50-50" as of Friday and would most likely still take weeks to work competeing.

"If there are some fantastic opportunities, they would look at them. But they would be very focused how they financed it," said the source, who had been not authorized to discuss with the media.

Japan's Simply.3 automaker missed its $4.4 billion profit target for 2006-07 by a tenth in addition to its fourth-quarter profit dropped can be half when compared to the company announced employee buyout programs in a choice of Japan even in the States.



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