Bloomberg News said federal aid may boost cash for money-losing GM and Cerberus-owned Chrysler while they await merger savings that may take months to realise, according to analysts.
The Wall Street Journal has reported that the two automakers have estimated a merger would require $10bn to close plants, axe jobs, integrate operations and add liquidity.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
