In a GM Merger, Half of Chrysler's Plants Could Close

But the alternative could result in even greater job loss across many states, which is why so many lawmakers want the merger to happen
Photo Illustration: Arthur Eves/BW; Image: Getty Images

The U.S. government is poised to keep any of Detroit's automakers from going bankrupt, and lawmakers and the companies are looking for every avenue for Uncle Sam to provide the companies with fresh capital (BusinessWeek.com, 10/28/08). The moves, expected to help General Motors (GM) pull off its acquisition of Chrysler, may require passing new legislation during next month's lame-duck session of Congress.

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