Today, the Treasury Dept. told GM it will not help them with $10 Billion to merge with Chrysler. Instead, the Treasury Dept. told GM they would speed up the process to provide government assistance to develop fuel-efficient vehicles (whether or not that means electric is up for debate)!
Of course, with the changing of prez in a day...this could all go directly down the drain...
Story below...
U.S. rejects GM's call for help in a merger - International Herald Tribune