DETROIT, Oct 11 (Reuters) - Chrysler LLC said on Saturday that it is looking at a number of global partnerships around the world but declined to comment specifically on reports of a possible merger with General Motors Corp.
'Chrysler LLC as a matter of policy does not confirm or disclose the nature of its private business meetings,' Chrysler spokeswoman Lori McTavish said in a statement. 'The company is looking at a number of potential global partnerships as it explores growth opportunities around the world.'
'Beyond those partnerships already announced however, Chrysler has not formed any new agreements.'
Detroit-based GM has had talks with the smaller Chrysler about a merger that would combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, source briefed on the matter have said.
(Reporting by Poornima Gupta) Keywords: CHRYSLER/STATEMENT tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
'Chrysler LLC as a matter of policy does not confirm or disclose the nature of its private business meetings,' Chrysler spokeswoman Lori McTavish said in a statement. 'The company is looking at a number of potential global partnerships as it explores growth opportunities around the world.'
'Beyond those partnerships already announced however, Chrysler has not formed any new agreements.'
Detroit-based GM has had talks with the smaller Chrysler about a merger that would combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, source briefed on the matter have said.
(Reporting by Poornima Gupta) Keywords: CHRYSLER/STATEMENT tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.