While it’s clear GM’s financial situation could be improved with the help of the more financially stable Renault-Nissan alliance, it’s less obvious why CEO Carlos Ghosn is so anxious to tie the knot with the struggling American automaker. Many analysts say Renault-Nissan has little to gain from General Motors. However, Bloomberg speculates that Ghosn may wish to leverage GM’s capacity to do battle with Toyota. “Toyota is so dominant in the global car industry and they are growing so fast and so steadily that no one can really catch up,” said analyst Atsushi Osa. “Ghosn may want to use GM’s assets and resources against Toyota.” Ghosn could use GM’s idle manufacturing capacity to increase production cheaply, the report suggests. On Friday, GM said it would proceed with exploratory discussions with Renault and Nissan.
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07/10, 10:08 AM
posted by:
The Jedi
Do do it GM it’s a quick fix that only benifts Nissan in the long run……..the devil has a away of coming to you when you have no hope(KEKORIAN) do not do it they have every thing to gain…
07/10, 10:14 AM
posted by:
Anonymous
GM to fight Toyota? It’s like Mike Tyson to fight Stephen Hawking. GM is the mightiest powerhouse this universe has ever seen, everything else is crap!!1!!
07/10, 10:28 AM
posted by:
John
The problem is that there may not be a long run if the Toyota threat is not dealt with. I don’t get Toyota. Every one of their vehicles that I’ve been in has felt sub-par (Lexus IS250, new camery, 4 runner)
I think it is a win-win for GM, Nissan, and Renault. Ideally they would engage in platform sharing, killing off all of the non successful product lines, and use their excess capacity to ramp up production and reduce prices.
…Dealership consolidation could be huge as well…
07/10, 10:29 AM
posted by:
JD
The blinders covering #2’s eyes are so large he can’t see the mountain of crap he’s trying to sell us.
07/10, 10:53 AM
posted by:
nick
GM TAHE THE DAMN OFFER
07/10, 10:56 AM
posted by:
Jim in LA
look how effectively the PR ****bags have managed to remove kerkorian’s name from this stock-price stunt.
NOW it’s GHOSN’s idea to use GM’s idle manufacturing capacity.
sure it is!
GM, if you do this, you’ll join the other companies ruined by Kerkorian on the ****heap of america’s capitalist excesses.
07/10, 11:00 AM
posted by:
corndog
The second largest autombile market in the world is China. GM just recently vaulted past Volkswagen into the number one position. Toyota is eighth, and Nissan isn’t in the top ten.
Why would Nissan want to hook up with GM? China.
07/10, 11:08 AM
posted by:
Bryan Detty
Wasn’t Kerkorian against 2 large auto companies merging before……. Now he is for it!!!
07/10, 11:08 AM
posted by:
Mitch
DOWN WITH TOYOTA
07/10, 11:11 AM
posted by:
Axl Rose
Yeah GM bow to your french masters – the French can’t even compete in America, what makes them think they can help GM.
07/10, 11:18 AM
posted by:
Patrick
noooooo dont ruin nissan by merging with GM! and this wont stop toyota, they’re going to be #1 for one reason, they’re the best, a merger like this cant fight quality.
07/10, 11:46 AM
posted by:
Anonymous
Your a dumb ass Patrick
07/10, 11:52 AM
posted by:
Jeffro
I agree with #11. You dumb ass partick.
07/10, 11:56 AM
posted by:
ooodaddy
Patrick many years from now when your children are on vacation and you are watching your grand children maybe you can tell them of the days when a good life and prosperity was common in the u.s. before dumb ****s like you forgot where they come from, maybe you can tell them all about it on memorial day when my family honors those killed by those yellow bastards.
07/10, 12:21 PM
posted by:
Phil
ooodaddy, racist pricks like you go to hell. And burn there.
07/10, 12:40 PM
posted by:
Tony
Go Patrick! You’re #1!
07/10, 1:03 PM
posted by:
Jeffro
I guess Pearl Harbor has no meaning to those of you who only live in this great country, and do not appreciate it. I agree with ooodaddy. If you have no pride in our county and its many blessings why live here and eat our food, breathe our air, and soil our land that we have fought to defend? Take pride in our products, not that they are perfect but that they are ours. If they do not meet you expectations, then try to improve them.
07/10, 1:42 PM
posted by:
ooodaddy
hey phil this racist pigs grandpa died in the south pacific from a shell fired off a battleship piloted
by admiral toyota enjoy your day he paid for it and tony you suck to.
07/10, 1:47 PM
posted by:
stuart
Well its because you americans want japanese cars that their companies have grown so much. On top of that you are the reason why we have Lexus, Infinity and Acura. They sell more then Chrysler in america but it OK until they try buying and helping your brands. Then you remember Pearl Harbour and what they did.
You americans have no one else to blame for your sad industry state apart from yourselves.
07/10, 2:07 PM
posted by:
Jeffro
I agree, However do not point that stick in my direction. I have stuck to my beliefs for a long time. BUY AMERICAN!!!
07/10, 2:22 PM
posted by:
Ahk-Med
I don’t know why I bother, but all you “remember WWII” children scream racist anti-Japanses bull****, and then run off and drool over the German/Itallian car photos you have on your remedial english book covers and posters above your bunk bed. What a bunch of hypocrite, uneducated, racist little brats.
07/10, 3:04 PM
posted by:
ooodaddy
on my wall on my books and in my garage is nothing but american muscle the **** that built the world the universities and hospitals interstates and all that is right why does saying that make me a racist
ahk med you short sighted ass whole
07/10, 3:07 PM
posted by:
Saabaru
You tell’em Ahk-Med!
07/10, 3:55 PM
posted by:
Anonymous
GM can already can take on Toyota by themselves why do they need some japcrap company like Nissan to ride GM’s coat tails to success?
07/10, 4:17 PM
posted by:
Justin
I have changed my mind about this “alliance”… if the conditions are right and will help GM.. and not give control to Renault-Nissan and does not make GM’s vehicles crapy foreign cars, then I think GM should do it… and if the “alliance” will help GM and Nissan take out Toyota or at least lessen Toyota’s influence… more power to GM!! (gotta love GM!!)
07/10, 4:18 PM
posted by:
Justin
TOYOTA SUCKS!!!
KEEP IT AMERICAN… KEEP IT GM!!!!!!!!!!
07/10, 4:20 PM
posted by:
Justin
#25 you do have a good point there! lol I might have to change my view again!
This whole thing is confusing… I need to know the terms and conditions before i make up my mind.. i think.
07/10, 4:57 PM
posted by:
corey
toyota rules I own a scion and a toyota i’ve never bought any other brand in life my life never had a problem with them i have my 2006 scion xb and a 2007 very good carsso down with gm!!!!
07/10, 5:00 PM
posted by:
corey
and 2007 toyota camry sports version
07/10, 5:00 PM
posted by:
Pruce
Wow, it’s amazing how stupid some people are.
Toyota doesn’t suck and how can you say “keep it American” when most of GM’s cars aren’t even made in America. Idiots.
07/10, 6:03 PM
posted by:
BloodWyn
I’m just worried that the sinking ship known as GM will drag Nis-Ren down with it.
07/10, 6:30 PM
posted by:
M
GM can take on Toyota, they have more than enough resources, they just have to get their heads out of their asses and stop looking at what Ford and Dodge are doing!
07/10, 8:01 PM
posted by:
Ja Rule
GM is turning it around already, pretty soon they’ll have no unions to pay, better engineering, and it looks like Lutz is helping with the design of (some) of their cars – I think they could pull it out – and without help from French A Holes – they can go back to stitching their white flags – and the french can go F themselves.
07/10, 8:32 PM
posted by:
money
Anonymous gm is stock going down very fast they need help gm was ok in 1968 but now it is crap
07/10, 9:59 PM
posted by:
Anonymous
GM is so far gone, it’ll be amazing if this Ghosn thing keeps the ship from sinking into oblivion. Of course I will never buy a Nissan if a partnership with GM arises from this. I have had way too many bad experiences with GM products to give them even a glimmer of a chance at selling me a car, Nissan parts in it or not.
07/10, 10:04 PM
posted by:
Julien
I like LeftLaneNews. Too bad there are comments.No moderator on this site? Do you know you guys may ruin this site and make it be shut down with your racists-xenophobic comments? There are laws against it, even if the internet is said to be a place for freedom, blah blah blah. I don’t want my number 1 source for car news to get in trouble. Cool down, dear KKK members…
07/11, 10:08 AM
posted by:
GMrules
There is no reason for some loser like Nissan should be riding on the shoulders of General Motors. GM is here because they belong here, they are American. Nissan has no right to be treading on our turf. Riding on the coattails of GM’s success won’t make them any less of an enemy to this country