Archive for 'Renault'
October 4, 2006 10:25am
The Wall Street Journal is reporting the alliance talks between General Motors, Nissan and Renault have ended. According to the paper, GM CEO Rick Wagoner and Carlos Ghosn, CEO Nissan and Renault spoke today and concluded that the two sides are too far apart on a potential tie-up and decided to end alliance talks early, […]
Posted in: Nissan, GM, Business, News, Renault
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September 29, 2006 2:19pm
General Motors is reportedly prepared to demand a “multibillion” dollar payment from Nissan and Renault and Nissan as part of price of an alliance with the automakers. GM says that it would be the loser in an alliance and that its global reach is a huge benefit to Nissan-Renault. The payment would be in addition […]
Posted in: Nissan, GM, Business, News, Financial, Renault
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September 28, 2006 10:27pm
General Motor’s CEO, Rick Wagoner, said that he “absolutely” believes that GM does not need an alliance for its recovery to be a success. Wagoner reports that the ailing company’s restructuring plan is moving faster than expected, and GM could easily survive without any form of an alliance. In an interview with Automotive News, Wagoner […]
Posted in: Nissan, GM, Business, News, Renault
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September 28, 2006 9:11am
General Motors, Renault, and Nissan issued a joint statement on the progress of their alliance talks. The statement said Carlos Ghosn and Rick Wagoner met regarding the ongoing discussions about a possible cooperating between the three parties.
General Motors, Renault and Nissan today said that a meeting was held between Carlos Ghosn, President and Chief Executive […]
Posted in: Nissan, GM, News, Industry, Renault
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September 22, 2006 8:28pm
Carlos Ghosn, CEO of Nissan Motor and Renault, may launch talks with Ford Motor as prospects for an alliance with General Motors fade, according to Bloomberg reports citing people with knowledge of the discussions. Executives from Nissan-Renault team and Ford have been in contact over the last month about exploring a possible link. Former Ford […]
Posted in: Ford, Nissan, GM, Business, News, Industry, Renault
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September 21, 2006 8:31pm
Alliance talks between General Motors and Nissan-Renault are moving with so little momentum despite a mid-October deadline looming. When teams from Nissan-Renault arrived in Detroit for meetings, they had hoped to begin a full-scale analysis of purchasing across all three companies, but GM teams wanted to limit it to a handful of vehicles and a […]
Posted in: Nissan, GM, News, Industry, Renault
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September 6, 2006 1:38pm
Carlos Ghosn, CEO of Nissan and Renault, said today that the companies’ alliance could be opened to other partners, but did not mention any company by name. Ghosn said that the Nissan-Renault alliance was “unique” and built on mutual trust.
“Under the right conditons, the benefits of alliance can be extended and significant value can be […]
Posted in: Nissan, GM, Business, News, Renault
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September 1, 2006 9:03am
So much for no public comments on the alliance. Nissan-Renault CEO Carlos Ghosn said Thursday that talks with General Motors were progressing well, and while the tone of those discussions was “positive,” it is too early to say would will come out of it.
Ghosn also said that he has set a preliminary mid-October deadline for […]
Posted in: Nissan, GM, Business, News, Industry, Renault
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August 23, 2006 12:08pm
According to the Wall Street Journal, Ford Motor chief executive Bill Ford called Carlos Ghosn, chief executive at Nissan Motor and Renault, and expressed an interest in an alliance with Renault-Nissan, if talks with General Motors fail. The Wall Street Journal said Ford recently called Ghosn to say that if the Renault-Nissan decided not to […]
Posted in: Ford, Nissan, GM, Business, News, Industry, Renault
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August 23, 2006 11:42am
Formula One’s governing body dealt defending champions Renault a blow in their title defense against a charging Ferrari on Wednesday after an appeal court outlawed the team’s controversial damper device. The International Automobile Federation’s independent court met in Paris on Tuesday to hear the FIA’s appeal against their own race stewards’ decision, which permited the […]
Posted in: Motorsports, Renault
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