WRAPUP 1-GM global sales drop, merger talks progress

Newswire

* GM 3rd quarter sales fall 11 pct * GM shares, GMAC bonds rise as GMAC gains access to CP * GM-Chrysler merger major issues agreed; financing key * GM reached out to Toyota for assistance-report By Poornima Gupta and Soyoung Kim DETROIT, Oct 29 (Reuters) - General Motors Corp on Wednesday reported an 11 percent drop in third-quarter global auto sales and said it is reviewing upcoming vehicle production plans as it aims to conserve cash in the face of mounting pressure in the ...

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