Reuters is reporting the GM (GM) may have been in talks with DaimlerChrysler (DCX) about buying the Chrysler Group. Few deals would make more sense and GM battles Toyota (TM) for the place as the world’s No.1 car company.

GM could also cut significant cost at Chrysler. With its stock up 60% in the last year, GM’s currency also has some value.

Douglas A. McIntyre