General Motors Corp. and Chrysler LLC would be willing to explore an all-out merger as a condition of any federal loans, top executives at the two auto makers tell the Senate Banking Committee in testimony today. “We would be very willing to look at it,” GM CEO Rick Wagoner says, adding he would want to work it through with United Auto Workers union President Ron Gettelfinger, who opposes a merger in concern over potential job losses. “We would look at it very seriously.” Chrysler CEO ...
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