Could the Detroit 3 Become the Detroit 1?

Given the uncertainty and upheaval surrounding Detroit, maybe it should consider consolidating itself into one major automaker

The proposed $14 billion bailout of America's ailing automakers is dead in the water thanks to both Senate Republicans and the United Auto Workers. The automakers' sole hope for relief now is to appeal to the White House to provide it with funds from the Troubled Asset Relief Program.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.