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GM, Chrysler said to be close in on deal for emergency loans

GENERAL Motors Corp and Chrysler LLC made significant progress late yesterday on a deal to secure emergency loans as part of a US government aid package, sources familiar with the talks said. The package would...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200812/20081219/article_385121.htm"> GM, Chrysler said to be close in on deal for emergency loans </a> by -- GENERAL Motors Corp and Chrysler LLC made significant progress late yesterday on a deal to secure emergency loans as part of a US government aid package, sources familiar with the talks said. The package would... </p>