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Old 06-30-2006, 10:16 PM
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bwilson4web bwilson4web is online now
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Default Re: Renault, Nissan ready to 'study' alliance with General Motors

Quote:
Originally Posted by msantos
. . .
Toyota and Honda (especially Toyota) should't have much to fear from this proposed "get together" - at least in the short run.
I think GM management has more to fear. A BBC radio report suggested a major GM stockholder is unhappy that his 10% investment has made no money. The BBC reports he pretty well forced an emergency stock holders meeting about this deal.

Like you, I don't think Renault and Nissan would bring the type of changes needed. But it is a way that GM management can start putting on their parachute harnesses. Sometimes you have the fire the management and the faint scribbling of 'pink slips' is begining to be heard.

Bob Wilson

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