General Motors and Chrysler Group are currently in talks to develop a new large SUV that would rival GM’s own Chevrolet Suburban. First reported by the Wall Street Journal, an inside source has claimed the talks have been ongoing for the past six months but a final decision has yet to be made. A joint-venture between the two would mean significant cost savings and less risk in developing a new large SUV in a time when such vehicles are losing popularity.

Chrysler Group does not have a large SUV in its current lineup and would be keen to add another model above its Dodge Durango and Chrysler Aspen line of vehicles. The WSJ also claims that if a deal is struck, there would be no immediate plans for any other developments. Chrysler is already busy with several other partnership deals, including a possible future minivan with Volkswagen AG and a Chinese built subcompact car for sale in the US with Chery Auto.

This latest news comes just a day after German publication Manager Magazin reported that the CEO of GM, Rick Wagoner, was in talks with DaimlerChrysler CEO Dr. Dieter Zetsche about a possible purchase of the Chrysler Group.