The Detroit News reports: Alliance talks bog down. Parts? They were talking about parts? Look, we're no businessmen or anything and we're guessing "parts" are plenty important, but it sure would have been sexier if they were going to merge and pop out a new line of cars... the likes of which we have NEVER SEEN BEFORE! But, no, they're talking retainer clips and lug nuts.
We'd also like to know whether Kerkorian has sold any more stock since these "talks" were announced. It sure looks like GM's stock has rebounded to be back where it was about a year ago. Were the talks a way to help the stock price?