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Close Topic OptionsNissan - Gm - Renault
Nissan Gm Renault - Culture, Family, Travel, Consumer Reviews - Posted: 9th Aug, 2006 - 1:22pm
Posts: 3 - Views: 764
Will it work?
Post Date: 3rd Jul, 2006 - 2:52pm / Post ID: #
NOTE: News [?]
Nissan - Gm - Renault
SOURCE: RENAULT TO MEET OVER GM DEAL
Renault's board is to meet on Monday over a proposal by one of the largest investors in General Motors Corp. to consider a three-way partnership with Nissan Motor Corp., a French minister said on Sunday.
Ref. https://money.cnn.com/2006/07/02/news/inter....reut/index.htm
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Post Date: 9th Aug, 2006 - 6:10am / Post ID: #
Renault Gm Nissan
| QUOTE |
On July 7, General Motors' board of directors voted to study the pros and cons of entering into a three-way alliance with automakers Nissan and Renault. The alliance was proposed by GM shareholder Kirk Kerkorian who sees it as a way to revive the struggling company and expedite the restructuring taking place under GM's current chairman and CEO, Rick Wagoner. Another central figure in this drama is Carlos Ghosn, CEO of Nissan and Renault, who is credited with turning around Nissan and who is seen by Kerkorian and others as holding the keys to GM's future. What would a three-way alliance mean for GM, and for the auto industry in general? |
There is allot of questions about whether this partnership can really work. I think it truly depends on what the product they put out next is. It needs to be something dynamic and different.
Nissan - Gm - Renault Reviews Consumer & Travel Family Culture
There was a great comic about this on Townhall.com (here). It shows a GM executive talking about how GM is on top again. But a small GM is on top of a large Nissan.
That pretty well sums up how I feel about it. GM may survive if the three companies merge a bit, but it won't be the same GM.
TOPIC: Nissan - Gm - Renault