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Executives of General Motors Corp. and Ford Motor Co. have discussed a possible merger or alliance, industry newspaper Automotive News, reported on Monday.
The report quoted several people familiar with the talks as saying that discussions involving senior executives of the two parties began in July.
As of now, the two companies, who are both struggling with shrinking market shares while restructuring operations, are not holding talks. One source said there is only a slim chance that actually anything will come of the whole thing, reported the newspaper.
Both GM and Ford have declined to comment on the report.
Editor: Yan
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