GM, Chrysler in Talks on Design Alliance, Insiders Report
General Motors Corp., the world's largest automaker, is in discussions with DaimlerChrysler AG's Chrysler unit on an alliance to share the costs of designing and developing cars, people with knowledge of the talks said.
The discussions, which began about a month ago, may allow the two automakers to share chassis designs and reduce development costs, said the people, who asked not to be identified. The talks include possible cooperation on a large sport-utility vehicle, one of the people said.
DaimlerChrysler, of Stuttgart, Germany, said yesterday it is considering "all options" for the money-losing U.S. subsidiary.
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