Toyota is considering making a surprise deal with General Motors that could foil the proposed Renault- Nissan -GM alliance, Business Week magazine reported Saturday. Toyota began contemplating the idea after the Renault-Nissan proposal went public. “Toyota has no interest in seeing an alliance like this take place,” an anonymous executive told the magazine.
Last week, GM CEO Rick Wagoner told trade publication Automotive News that Renault- Nissan was not he only conceivable partner for GM. “Could other things arise?” he said. “Sure, they could happen any time, but nothing else I can talk to you about today.”
Business Week says Toyota has “war-gamed” a way to assist GM, and its desire to prevent an alliance with Renault and Nissan could put those plans into action.
