RSS RSS Twitter Twitter
Leftlane - news, reviews, and info for the auto-industry
 
 

Nissan issues statement regarding GM rumors

06/30/2006, 6:53 PM

By admin

Nissan has just issued a statement regarding rumors this morning that the Renault-Nissan Alliance might be expanded to include General Motors. “The Renault-Nissan Alliance is an open partnership, which has never been restricted to two partners. Under the right circumstances and with the appropriate partners, the Alliance could be expanded further,” the company said. “Such an expansion would only be considered by the Alliance if it were executed in the full spirit of the Alliance, which is founded on trust, transparency, performance and the full respect for individual corporate and brand identity.”

“Mr.Ghosn, President and CEO of Renault and Nissan was approached by Mr.Kerkorian, Mr.York and representatives of Tracinda Corporation to assess the merits of GM joining the Renault Nissan Alliance.”

“At this point, it is necessary that GM Board and top management fully support this project in order to start the study of this opportunity after agreement of Renault and Nissan boards.”

    Print This Post

New car price quote

Zero obligation price quote from a trusted local dealer.
 
 

06/30, 6:57 PM

posted by:

James

they way they keep calling it “THE ALLIANCE” i feel like im watching a B science fiction movie from the 60’s

06/30, 7:14 PM

posted by:

Ivy League

It makes sense for none of the partners, it only makes sense for that bastard Kerk and Tracinda shareholders. The Fiat tie up was a disaster for GM there is total product overlap in Europe with opel and Vauxhall. In the US Infiniti and Nissan compete directly with GM products. It makes no business sense. Scupper this alliance

06/30, 7:21 PM

posted by:

Skep Tical

The guys at Nissan- renault are obviously good at giving general,non-falsifiable answers. The paraphrase I deem toi be somewhat like this: We are secretly engaged in talks over the matter and are already working on the framework for the deal.
Ford sure wouldn´t like that….
I trust in French ignorance and arrogance to prevent the Alliance from forming….
Referring to Ames, I find the term “Alliance” too weak…how about a more Republican-conservative-isolationist tone? The Axis of Shareholders^^

06/30, 7:25 PM

posted by:

Orally Gifted

The Renault Nissan “alliance” seems to be working very well. I doubt if it were a true alliance Nissan would have allowed Carlos in to shut down plants and essentially run Nissan in Japan.

06/30, 9:13 PM

posted by:

The Stig

Soon to be called the Renault-Nissan-GM appliance.

06/30, 9:28 PM

posted by:

Chris

This merger will make a formidable combo.
The Ultimate Car.
The reliability of a Nissan, the style of a GM.
It is called the Nissrolet Ultima.

06/30, 9:49 PM

posted by:

JD

The style of GM? GM has a style?

06/30, 9:50 PM

posted by:

chris

Can anyone think of any reason why they would merge that made sense? Why would Nissan spend money on GM? I guess Nissan could use all the overseas GM companies in China and India and South America and Austrailia? What could they bring to the table other than a CEO? If that was so GM would just hire him. I guess if they combined they would have a large market share here in the US and could have more control and less competition by working together?

06/30, 11:07 PM

posted by:

Stuart

How about Chevissanault Camarlineguna 350NRGM
Should make for a amusing few month

07/01, 12:51 AM

posted by:

Don

This makes no logical sense for any of the parties. I’m a bit surprised Renault-Nissan didn’t outright deny it, which makes me think they’re actually considering it. The only things GM would get out of it are the possibility of acquiring Carlos Ghosn and better access to the Japanese market. Nissan and Renault might gain production capacity and the ability to lower costs through GM suppliers. But that was the big reason for GM-Fiat and it turned out to be a disaster (what did GM gain from it, the mirrors the Solstice/Sky?). The only conclusion that seems remotely feasible is Kerkorian is once again just being an ass.

07/01, 2:51 AM

posted by:

Chris

I’ll buy a Chevissanault!
It’s as if my car can fly me to space and beyond!

07/01, 6:55 AM

posted by:

canut4ever

It is a ploy by GM to poach Mr. Ghosn from Nissan because majority of GM executives have no idea how to run a car company.

07/01, 8:18 AM

posted by:

Stuart

Ironically Carlos Ghosn has been offered top jobs at Ford and GM motors but has declined both only last year saying the envioroment of both companies didn’t suit him and his style.

In other words he wouldn’t have shareholders (kerkorian) and the public checking, analysing and faulting his every move. He can’t make job and other cuts like he did at nissan. Only two men can help Ford and GM and thats Mr Ghosn and Mr Dieter Zetche.

07/01, 12:13 PM

posted by:

hal

A French takeover would do wonders for GM sales in the Midwest I’m sure.

One of GMs problems has been too many brands and partnerships so maybe a tieup with Renault/Nissan would get rid of Saab and maybe help out with Opel.

But probably what the Geniuses at GM are planning on doing is importing Renaults and rebadging them as Hummers.

07/01, 12:20 PM

posted by:

Anonymous

…….you guys are great! Too bad you don’t do the Car section in the Wash. Post.

j i m

07/01, 2:24 PM

posted by:

Stuart

Won’t be a bad thing if carlos comes in. Hopefully he can kill Hummer, Buick, Saturn and GMC. About time they died

07/02, 12:43 PM

posted by:

Kenneth Dahl

Hmmmmmm Renault Alliance, where have I heard that one before!

07/04, 8:14 PM

posted by:

mark

i dont get it, it seems like gm would be dead weight to nissan, what would gm do for nissan. maybe honda or bmw. but nissan Renault Alliance, would be good

07/04, 8:15 PM

posted by:

mark

i dont get it, it seems like gm would be dead weight to nissan, what would gm do for nissan. maybe honda or bmw. but nissan Renault honda Alliance, would be good

 
 
You need to log in with your user name and password before you can leave comments.

    

Forgot your Password?

Don't have a user name yet? Simply fill in the form below and click the link provided in the
confirmation email. You must supply a valid email address to complete the registration process.

  
 
 
 
 
  • Login
  • About
  • Contact
Please note that you need to log in with your user name and password before you can leave comments.
  

login
cancel
Forgot your Password?
Don't have a user name yet? Click here to register now.

Simply fill in the form below and click the link provided in the confirmation email. You must supply a valid email address to complete the registration process.

  
submit
cancel
Leftlane is the leading source for automotive industry and vehicle news, new car research, future vehicle information, and reviews. Read by car shoppers, driving enthusiasts, autoworkers, executives, and investors, the website is updated throughout the day with the very latest auto news - as it happens.

Leftlane also provides consumers with accurate and media-rich information on every car currently on the market. In-market shoppers can review specs, read overviews, view high-resolution images, watch videos, and estimate pricing. No other automotive publication brings together the same degree of timeliness, thoroughness and accuracy as Leftlane.
 
submit
cancel