is considering entering into a deal with General Motors
that would involve swapping its money-losing Chrysler
unit for a minority stake in its long-time rival, according
to British media reports.
Chrysler, which has said all options are on the table,
is looking at a stock swap along with other options
including a sale to private equity or industry investors
or a floatation, the Financial Times reported.
automakers have repeatedly declined comment since DaimlerChrysler
set off a flurry of speculation on February 14 regarding
the future of Chrysler, which has been hotly rumoured
to include the outright sale of the division.
competitors, including Renault-Nissan, Toyota and Hyundai
have said they have no interest in buying Chrysler.
General Motors (GM), however, has neither confirmed
nor denied the report.