Interesting News for GM - and may have other implications as well:
MORE HEREGM-Navistar truck pact expires without final deal
August 20, 2008 - 1:15 pm ET
CHICAGO (Reuters) -- Navistar International Corp. said on Wednesday that a tentative agreement struck late last year to buy General Motors' medium-duty truck business has expired without a deal being reached.
Citing what it characterized as the "significant marketplace and economic changes" since the memorandum of understanding was signed in December, Navistar said the companies had decided not to renew the tentative agreement.